Tata Consumer Products Q3 consolidated profit rises 29{d5f2c26e8a2617525656064194f8a7abd2a56a02c0e102ae4b29477986671105} to Rs 218 crore

Tata Shopper Items documented a consolidated net profit of Rs 218 crore crore for the quarter ended December 2020, up 29 per cent calendar year-on-calendar year from Rs 169 crore during the identical period a calendar year before. Nevertheless, sequentially the profit declined fifteen per cent. It was Rs 257 crore in the September quarter.

Income from operations was up about 23 per cent to Rs three,069 crore from Rs two,492 crore during the identical period a calendar year back. The revenue was Rs two,781.34 crore in the September quarter. The rise was led by volume and price advancement in the branded small business

The company’s whole expenses stood at Rs two,790.seventy two crore in the December quarter.

Section clever, the India drinks revenues greater forty six per cent to Rs 1,275 crore for the quarter under evaluate, when the India foodstuff revenue came in at Rs 630 crore

Shares of Tata Shopper ended at Rs 575.ninety five a piece, down 1.four per cent on BSE.

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