Tata Consumer Products: A tale of two halves with 'growth businesses' packing a punch
New Delhi, July 27 -- Tata Consumer Products Ltd's (TCPL) "growth businesses" stole the show in the June quarter (Q1FY27), clocking 47% year-on-year (y-o-y) revenue growth to Rs.1,314 crore and scaling to 36% of its India business from 31% in FY26. This segment is now bigger than India salt and India tea/coffee revenues.
"TCPL is a tale of two halves: legacy tea/salt segments growing in seasonal/cyclical trajectories, and the new growth businesses-Sampann, Soulfull, ready-to-drink (RTD) waters, Capital Foods/Organic India-delivering the alpha," said Systematix Shares and Stocks (India).
Within the growth portfolio, Tata Sampann saw 58% growth, aided by strong demand across pulses, spices, dry fruits and cold-pressed oils. RTD climbed 41...
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