Tata Coffee standalone net profit declines 91.22% in the March 2018 quarter

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Sales decline 7.04% to Rs 186.30 crore
Net profit of Tata Coffee declined 91.22% to Rs 3.91 crore in the quarter ended March 2018 as against Rs 44.53 crore during the previous quarter ended March 2017. Sales declined 7.04% to Rs 186.30 crore in the quarter ended March 2018 as against Rs 200.40 crore during the previous quarter ended March 2017.For the full year,net profit declined 54.92% to Rs 62.76 crore in the year ended March 2018 as against Rs 139.23 crore during the previous year ended March 2017. Sales declined 9.42% to Rs 705.43 crore in the year ended March 2018 as against Rs 778.83 crore during the previous year ended March 2017.
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First Published: May 08 2018 | 5:14 PM IST