ALSO READTata Coffee Q3 net profit down 3.41% at Rs 41.01 crore Tata Coffee infuses USD 4.75 million in equity capital of Tata Coffee Vietnam Company Tata Coffee has infused Rs 30 cr in overseas arm Tata Coffee plans freeze-dried coffee plant in Vietnam Tata Coffee to set up Rs 350-cr new facility in Vietnam
Tata Coffee today reported over three-fold jump in consolidated net profit to Rs 45.69 crore for the quarter ended March 2017.
Its net profit stood at Rs 13.65 crore in the year-ago period, the company said in a regulatory filing.
The company's total income from operations remained flat at Rs 407 crore.
During the entire 2016-17 fiscal, the company's net profit increased to Rs 151 crore from Rs 83 crore in the last fiscal.
Total income from operations rose by 4 per cent to Rs 1,629 crore last fiscal from Rs 1,571 crore in 2015-16 fiscal.