Tata Consumer Products Ltd Reports Strong Q4 Earnings
Tata Consumer Products Ltd has released its fiscal fourth quarter earnings report, showcasing a significant growth in profit and revenue. Here are the key highlights:
Financial Highlights
- Net Profit: Rs 344.85 crore, up 59.19% compared to Rs 216.63 crore in the corresponding quarter of FY24
- Revenue from Operations: Rs 4608.22 crore, up 17.35% compared to Rs 3926.94 crore in the previous year’s fourth quarter
- EBIT: Rs 620.8 crore
Dividend Declaration
- The company board has recommended a dividend of Rs 8.25 per equity share of Re 1 each (825%) for FY 2024-25
- The dividend will be paid on or after June 21, 2025, subject to shareholder approval at the 62nd Annual General Meeting
Performance Analysis
- The company’s India food and beverages business delivered double-digit growth, contributing nearly 70% of its topline
- Underlying Volume Growth (UVG) for India Branded Business (excluding acquisitions) was 5.9% for the quarter and 4.5% for the year
- The beverages unit, including iconic brands like Tata Tea and Tetley, posted steady performance with volumes rising 17%.
Management Commentary
- Managing Director Sunil D’Souza said, “Overall, despite a tough operating environment, we delivered strong growth across businesses. We will continue to drive consistent profitable growth as we move forward”.
