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Tata Consumer Products Chairman N Chandrasekaran on Wednesday said the company sees significant long-term growth potential for Tata Starbucks in India and believes the coffee chain could eventually scale up to around 8,000 stores in the country. Terming the Starbucks QSR chain business as "a very high-potential business", Chandrasekaran said it has become EBITDA positive in FY26. Discussions with the joint venture partner, Starbucks Corporation, indicate a substantial headroom for expansion in the Indian market, he said while addressing shareholders of the Tata group FMCG arm. "We have had discussions with our partner, and we think eventually the company can have 8,000 stores in India. We are continuing to add 50 to 100 stores," said Chandrasekaran, who is also Chairman of Tata Sons. Tata Starbucks, a 50:50 joint venture between Tata Consumer Products Ltd (TCPL) and US-based Starbucks Corporation, operates the QSR chain of Starbucks cafes in India. In its latest annual report, TCP
Tata Consumer Products Ltd (TCPL) on Friday reported a 21.6 per cent increase in its consolidated net profit to Rs 424.02 crore in the March quarter of FY26, led by volume growth from domestic business. The company had posted a consolidated net profit of Rs 348.72 crore in the January-March quarter a year ago, the Tata group's FMCG arm said in a regulatory filing. Revenue from operations rose by 18 per cent to Rs 5,433.62 crore in the March quarter of FY26. It was at Rs 4,608.22 crore in the year-ago period. Total expenses of TCPL in the March quarter were at Rs 4,844.81 crore, up 15.9 per cent. Tata Consumer's total income, which includes other income, was at Rs 5,486.18 crore, up 17.6 per cent. In the reporting quarter, TCPL's overall branded business went up 14.9 per cent to Rs 4,746 crore. It was at Rs 4,130.4 crore in the corresponding quarter last fiscal. TCPL's branded businesses include tea, coffee, water and other various value-added businesses. Revenue from non-branded
Tata Consumer Products Ltd (TCPL) on Tuesday reported a 36.4 per cent increase in consolidated net profit to Rs 384.52 crore in the quarter ended December 31, 2025, led by volume growth from its India business. The company had posted a consolidated net profit of Rs 281.92 crore in the October-December quarter a year ago, according to a regulatory filing from TCPL, the Tata group FMCG arm. Its revenue from operations rose by 15.04 per cent to Rs 5,112 crore in the December quarter of FY'26. It was at Rs 4,443.56 crore in the year-ago period. Total expenses of TCPL in the December quarter were at Rs 4,582.24 crore, up 12.11 per cent. Tata Consumer's total income, including other income, stood at Rs 5,145.01 crore, up 14.45 per cent. In the December quarter, TCPL's overall branded business was up 14.32 per cent to Rs 4,602.79 crore. It was at Rs 4,026.15 crore in the corresponding quarter of the previous fiscal. TCPL's branded businesses include tea, coffee, water, and other value-a