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Tata Consumer Products Q1 Results: Cons PAT rises 15% YoY to Rs 334 crore, revenue grows 10%

Tata Consumer Products Q1 Results: Cons PAT rises 15% YoY to Rs 334 crore, revenue grows 10%

Time of India4 days ago
Tata Consumer Products
on Wednesday reported a 15% year-on-year (YoY) growth in its Q1FY26 consolidated net profit at Rs 334 crore versus Rs 290 crore in the year-ago period. The company's revenue from operations stood at Rs 4,779 crore which was up 10% from Rs 4,352 crore reported in the corresponding quarter of the last financial year.
Both the profit after tax (PAT) and revenue are below Street's estimates of Rs 355 crore and Rs 4,813 crore, respectively.
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The revenue was 3.7% higher on a sequential basis versus Rs 4,608 crore in Q4FY25 while the PAT, which is attributable to the owners of the company, was flat on the quarter-on-quarter basis.
Consolidated Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) declined by 8% due to higher tea costs in India and coffee price corrections in the non-branded segment. Meanwhile the EBITDA margin was 12.9%, down 250 bps.
India branded business reported a 6.8% Underlying Volume Growth (UVG) while the core India business saw double-digit growth in both tea and salt. 'Growth' businesses grew 7% on an aggregate basis.
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International business continued its momentum with a 5% constant-currency revenue growth, driven by strong coffee performance in the USA.
Tata Consumer said that the company continued to strengthen omnichannel capabilities, including food services (HoReCa) and pharmacy, with channels of the future, demonstrating robust growth.
Coffee prices are on a downward trajectory, though ongoing volatility warrants close monitoring. Tea prices remain favorable, however, the outlook remains cautiously optimistic, the company statement to the exchanges said.
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