Tata Consumer's Q2 profit rises 16%, in line with estimates
Mumbai, Oct. 26 -- Mumbai: Consumer packaged goods company Tata Consumer Products Ltd (TCPL) on Monday reported consolidated net profit of Rs.470.14 crore for the September quarter (Q2 FY27), up 15.6% year-on-year and broadly in line with estimates, as salt volumes rose and tea revenue dipped marginally.
Its consolidated revenue stood at Rs.5,661.13 crore, up 14% on-year, the company said in an exchange filing.
According to Bloomberg, 22 analysts tracking the stock estimated revenue at Rs.5,583.2 crore for the quarter. The net profit estimate was Rs.469.2 crore, based on projections from 14 analysts.
The company's consolidated revenues grew 12% and net profits grew 29% on-year in the June quarter.
"We delivered our second consecutive ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.