The result was announced during trading hours today, 28 May 2013.
Meanwhile, the S&P BSE Sensex was up 95.54 points, or 0.48%, to 20,126.31.
On BSE, 6.94 lakh shares were traded in the counter as against an average daily volume of 3.56 lakh shares in the past one quarter.
The stock hit a high of Rs 148.65 and a low of Rs 143.30 so far during the day. The stock had hit a record high of Rs 181.70 on 15 November 2012. The stock had hit a 52-week low of Rs 102.50 on 4 June 2012.
The stock had underperformed the market over the past one month till 27 May 2013, rising 2.32% compared with the Sensex's 3.86% rise. The scrip had, however, outperformed the market in past one quarter, rising 8.38% as against Sensex's 4.59% rise.
The mid-cap company has an equity capital of Rs 61.84 crore. Face value per share is Re 1.
Tata Global Beverages said that the rise in income from operations in Q4 March 2013 reflected improved performance coupled with favourable foreign exchange translation impact. The results for Q4 March 2013 includes the impact of higher spend on advertising compared with the same period in the previous year.
After considering exceptional items, profit after tax is 56% higher in Q4 March 2013 over Q4 March 2012. Group consolidated net profit jumped 77% to Rs 96 crore in Q4 March 2013 over Q4 March 2012.
On a consolidated basis, Tata Global Beverages' profit from operations rose 26% to Rs 663 crore on 11% increase in income from operations to Rs 7351 crore in the year ended March 2013 (FY 2013) over the year ended March 2012 (FY 2012).
For FY 2013, increase in the company's consolidated total income from operations reflects improved performance coupled with favourable foreign exchange translation impact. Operating profit rose 26% to Rs 663 crore in FY 2013 over FY 2012, reflecting improved performance in major markets and favourable impact of cost interventions, the company said in a statement.
The board of Tata Global Beverages recommended a dividend of Rs 2.15 per equity share for the financial year ended March 2013.
Tata Global Beverages said it continues to make steady progress in the tea, coffee and water categories, through innovation, category expansion and strategic alliances.
Harish Bhat, managing director and CEO of Tata Global Beverages, said, "We are very pleased to report yet another quarter of good growth and strong profitability. This has been achieved on the back of strong product innovation in all our three categories, tea, coffee and water. Our focus on bringing our consumers delightful new blends continues to remain our topmost priority. The forthcoming quarters will witness many new launches in this direction. I would like to point out that the global operating environment has varied significantly between continents and countries. Notwithstanding this, we have a robust strategy in place for each market, and we have prioritized sharp execution of that strategy as the route to sustained success. We are happy to report that our brands are in good health, and continue to receive constant attention and investment, even as we create new moments of magic for all our consumers."
Tata Global Beverages is a global beverage business; its brands have presence in over 40 countries. The Company has significant interests in tea, coffee and water and is the world's second largest tea company. 250 million servings of its brands are consumed everyday around the world. The company focuses on 'good for you' beverages and has a stable of innovative regional and global beverage brands, including: Tata Tea, Tetley, Himalayan natural mineral water, Tata Water Plus and Tata Gluco+, Good Earth tea, Grand Coffee and Eight O'clock coffee.
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