WebinarsNew
Deep DiveNew
Explore Business Standard
Tata Consumer Products Ltd (TCPL) expects to maintain double-digit revenue growth in FY27, driven by healthy consumer demand, strong volume-led expansion and continued momentum from its fast-growing food and beverage businesses, MD & CEO Sunil D'Souza said. The Tata Group FMCG major, which reported a 12 per cent rise in revenue, 19 per cent growth in EBITDA and a 29 per cent increase in net profit in the June quarter, also said it may take 'calibrated price' hikes across select categories if elevated commodity, packaging and energy costs persist. "We expect consumption demand to remain healthy. The better part of the growth is that it is volume-led across categories, which indicates underlying consumer demand," D'Souza told PTI in an interview. According to him, the recent recovery in consumer demand has been aided by measures such as income tax relief, GST recalibration and continued government capital expenditure. "The whole trend for the FMCG space is very heartening because ...
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