Tata Consumer Products Q3 consolidated profit rises 29% to Rs 218 crore

Tata Customer Goods noted a consolidated internet earnings of Rs 218 crore crore for the quarter ended December 2020, up 29 for every cent 12 months-on-12 months from Rs 169 crore all through the exact period a 12 months before. On the other hand, sequentially the earnings declined 15 for every cent. It was Rs 257 crore in the September quarter.

Revenue from functions was up about 23 for every cent to Rs 3,069 crore from Rs 2,492 crore all through the exact period a 12 months back. The profits was Rs 2,781.34 crore in the September quarter. The rise was led by quantity and value advancement in the branded business

The firm’s overall costs stood at Rs 2,790.seventy two crore in the December quarter.

Phase sensible, the India beverages revenues enhanced 46 for every cent to Rs one,275 crore for the quarter under evaluation, though the India food items profits came in at Rs 630 crore

Shares of Tata Customer ended at Rs 575.ninety five a piece, down one.four for every cent on BSE.

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