 "Tata Coffee Q1 profit down 17% on high raw material costs")
Revenue grew by 6% to Rs 396.04 crore from improved business of its US subsidiary Eight O Clock coffee.
Tata Coffee had reported profits of Rs 30.31 crore on revenue of Rs 374.52 crore in the quarter ended June 2014, a statement said.
"The company’s focus on value-addition and growth of premium differentiated coffees continue to remain a key driver of our strategy. Our premium value propositions provide us good insulation from commodity price volatilities," said Sanjiv Sarin, Managing Director, Tata Coffee Limited in a statement.
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