Tata Consumer Products announced Q2 Finance Results Net profit Jump 33% to 257 crores

Tata Consumer Products announced Q2 Finance Results Net profit Jump 33% to 257 crores 

India is the largest company on Tata Consumer Products Limited announced second-quarter Finance results report the net profit jump of 33.1% to Rs.257 crores as against last year the same quarter net profit Rs.193.2 crores.

The company’s total revenue jump 18.5% to Rs.2,781.3 crores as against last year the same quarter revenue of Rs.2,347.1 crores.

Earnings Before Interest Taxes Depreciation and Amortization grew 26.9% to 399.6 crores during the period as against last year the same quarter 314.8 crores. Margin increase 100 bps the second quarter 14.4% as against last year the same quarter 13.4%.

India Packaged Beverages business clocked a 12% volume growth and value grew 29%. 

Tata Starbucks re-open the Covid-19 impact after 86% of its stores business opened.

This company 11 new stores open and added one new Lucknow, this Starbucks total stores 196.

Tata Consumer Product Ltd, Managing Director & CEO, Sunil D’Souza Said, ‘ We posted all round revenue and profit growth during the quarter by accelerated momentum in our India business.

What I am particularly pleased about is the market share gains we have made both in tea and salt during the quarter, especially in the face of a challenging operating environment and While maintaining the momentum in our integration journey. thanks to our dedicated employees.

 

Tata Consumer Product Ltd’s current share price Rs.504.20.

 

 

 

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