Tata Consumer Products Ltd (TCPL) on Thursday reported a net loss of Rs 122.48 crore for the fourth quarter ended March 2020.
The company, earlier known as Tata Global Beverages Ltd, had posted a net profit of Rs 35.99 crore in the January-March period a year ago, it said in a BSE filing.
Net sales rose 35.45 per cent to Rs2,405.03 crore during the quarter under review, as against Rs 1,775.46 crore in the year-ago period.
TCPL Managing Director and CEO Sunil D'Souza said, "Nearly all our businesses have recorded good growth during the quarter. It has in many ways, been an unprecedented time for the organization in recent months and we geared up successfully to make sure our essential products reach consumers during this period."
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