Tata Consumer Q2 net profit up 11% to ₹407 crore


Tata Consumer Products Limited (TCPL), the food and beverage arm of the Tata Group, reported a 11% growth in its second quarter net profit at ₹407 crore.

The quarter saw its revenue from operations for the quarter grew at 18% to ₹4,966 crores.

Sunil D’Souza, Managing Director & CEO, Tata Consumer Products, said the company delivered a strong topline growth of 18% in Q2 FY26, with steady net profit growth.

This was the 2nd consecutive quarter of double-digit growth in the India core business across both tea and salt. Tata Sampann continued its growth momentum and launched several new products during the quarter, he said, adding, “The RTD (ready to drink) business recorded robust growth despite unfavourable weather conditions. Despite the short-term challenges posed by the GST transition, Capital Foods and Organic India (newly acquired brands) recorded steady growth on a combined basis and strengthened their portfolio.”

During Q2, the company continued to accelerate innovation with 25 new launches across categories, catering to evolving consumer needs in Health & Wellness, Convenience and Premiumisation, he stated.

According to Mr. D’Souza, the company witnessed robust growth in its India Packaged Beverages and India Foods continued strong trajectory with focus on innovation and portfolio expansion.

Overall, the company’s Growth business (Tata Sampann, Tata Soulfull, Capital Foods, and Organic India) grew 27% in the quarter and now contributes 32% of its India revenue, while international and non-branded businesses continued their momentum with 9% and 26% constant-currency revenue growth, respectively. Eight O’Clock coffee continued to gain market share within bags as well as K-Cups for the 4th consecutive quarter.

The quarter that ended in September also saw its packaged beverages business in India revenue grow 12%. Coffee continued its strong trajectory with a revenue growth of 56% for the quarter, the Tata Group firm further said.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *