Latest News | Tata Consumer Products Q4 Profit Rises to Rs 239 Crore

New Delhi, May 4 (PTI) Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March.

The company had posted a net profit of Rs 74.35 crore in the January-March quarter a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.

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Its revenue from operations was up 4.54 per cent at Rs 3,175.41 crore during the quarter under review as against Rs 3,037.22 crore in the same period a year ago.

Total expenses of the Tata Group's FMCG arm were at Rs 2,819.60 crore, marginally up in Q4/FY 2021-22, as against Rs 2,818.34 crore in the corresponding period of the preceding fiscal.

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TCPL's revenue from the Indian market in the January-March quarter was at Rs 1,953.66 crore, while its international business contributed Rs 890.19 crore.

Shares of Tata Consumer Products Ltd on Wednesday settled at Rs 803.90 on BSE, down 2.49 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)