Mumbai, June 20 -- Tata Consumer Products Ltd, which sells products ranging from Tetley tea to Himalayan Natural Mineral Water and millet-based products, has been strengthening its distribution channels to drive growth and improve margins, a top company executive told Mint.

"Amongst all our peers, we will want to stay ahead of the curve both in terms of our channel strategy and in terms of the overall portfolio," Ashish Goenka, group chief financial officer for Tata Consumer said. "A medium-term target is to get to about 17% in three years, which would mean expanding margins about 70 to 100 basis points each year."

Tata Consumer posted a 15% increase in revenue to Rs.20,290 crore in fiscal year 2026 (FY26). The company's Ebitda (earning...