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Tata Consumer Products reported a consolidated net profit of Rs 218 crore crore for the quarter ended December 2020, up 29 per cent year-on-year from Rs 169 crore during the same period a year earlier. However, sequentially the profit declined 15 per cent. It was Rs 257 crore in the September quarter.
Revenue from operations was up about 23 per cent to Rs 3,069 crore from Rs 2,492 crore during the same period a year ago. The revenue was Rs 2,781.34 crore in the September quarter. The rise was led by volume and value growth in the branded business
The company's total expenses stood at Rs 2,790.72 crore in the December quarter.
Shares of Tata Consumer ended at Rs 575.95 a piece, down 1.4 per cent on BSE.
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