Tata Consumer Products Q3 Results: Net profit down 6.5% to Rs 281.92 crore

FMCG large Tata Consumer Products Ltd (TCPL) connected Thursday reported a 6.5 per cent diminution successful its consolidated nett net to Rs 281.92 crore successful the 3rd 4th ended connected December 2024.

The institution had posted a consolidated nett net of Rs 301.51 crore successful the October-December 4th a twelvemonth ago, according to a regulatory filing from TCPL.

Revenue from operations roseate by 16.81 per cent to Rs 4,443.56 crore during the 4th nether review. It was astatine Rs 3,803.92 crore successful the year-ago period.

TCPL's "India Foods and International concern delivered different beardown 4th of topline and marketplace share", the institution said successful its earning statement.

Total expenses of TCPL successful the December 4th was astatine Rs 4,087.07 crore, up 22 per cent.

Tata Consumer's full income, which includes different income was astatine Rs 4,495.16 crore, up 16.34 per cent.

In the December quarter, TCPL's wide branded concern was up 18.3 per cent to Rs 4,026.15 crore. It was astatine Rs 3,403.31 crore successful the corresponding 4th past fiscal.

TCPL's branded businesses see tea, coffee, h2o and different assorted value-added businesses.

Its gross from the branded concern successful India was up 19.31 per cent to Rs 2,833.68 crore successful the December quarter.

TCPL's planetary branded concern was up 15.95 per cent to Rs 1,192.47 crore.

While, its gross from non-branded concern was astatine Rs 446.12 crore, up 8.66 per cent during the quarter. This conception includes TCPL's plantation and extraction concern of beverage and coffee.

Commenting connected the results Managing Director & CEO Sunil D'Souza said, “We delivered a topline maturation of 17 per cent successful Q3 FY25, maturation was wide based with beardown show successful India Beverages and Foods.

"During the quarter, we recorded robust treble digit maturation successful the India beverage business, backed by beardown measurement growth. There has been continued momentum & marketplace stock summation successful the India brackish concern and beardown maturation successful Tata Sampann," helium said.

TCPL's caller acquisitions- Capital Foods and Organic India performed good and is expanding these businesses successful the Food Service and pharma channels respectively.

"In India, we continued to fortify our Sales & Distribution infrastructure with the scale-up of divided routes for our salesforce, resulting successful important betterment successful scope selling. Channels of the aboriginal i.E. E-commerce and Moden commercialized proceed to substance maturation momentum," helium said.

Tata Starbucks -- a 50:50 associated task betwixt Tata Consumer Products Ltd and Starbucks Corporation -- continued to grow its stores crossed India with a full store number of 473 stores crossed 74 cities.

It added 16 nett caller stores during the 4th and entered 4 caller cities.

Shares of Tata Consumer Products Ltd connected Thursday settled astatine Rs 967.60 connected BSE, up 0.79 per cent from the erstwhile close.