Tata Consumer Consol PAT Rises 36% to ₹3.85 Billion; Revenue Grows 15%

Tata Consumer Products reported 36% on year jump in consolidated net profit to ₹3.85 billion for the October–December quarter. The company’s revenue from operations were ₹51.12 billion for the reporting quarter, marking a 15% year-on-year increase.

In constant currency terms, revenue growth stood at 13%.

Expenses for the quarter totalled ₹45.83 billion, an increase from ₹40.87 billion in the previous year. The cost of materials consumed was reported at ₹18.43 billion, while purchases of stock-in-trade stood at ₹10.46 billion.

Employee benefits expense amounted to ₹4.34 billion, and finance costs were recorded at ₹316 million.

The profit before exceptional items and tax stood at ₹5.63 billion, marking a 38% increase year-on-year, attributed by the company to higher operating profits and lower finance costs.

Segment-Wise Revenue and Results
The company organises its operations into Branded Business (sub-divided into India Business and International Business) and Non-Branded Business.

In the India Business segment, revenue grew to ₹32.03 billion from ₹28.34 billion in the corresponding quarter of the previous year.  The International Business segment reported revenue of ₹14.00 billion, compared to ₹11.92 billion in the previous year, with an underlying growth of 17%.

The Non-Branded Business recorded revenue of ₹5.47 billion, up from ₹4.46 billion year-on-year, reflecting 23% underlying growth.