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Tata Global Beverages profit before tax at Rs 192 cr in Q2, net down 17%

The Tata group company said its revenue from operations was driven by improvement in branded and non-branded business both in India and globally

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Samreen Ahmad Bengaluru
Tata Global Beverages, part of the Tata group, on Wednesday said its profit before tax for the quarter ended September 30 stood at Rs 191.55 crore —  1.4 per cent growth over the year-ago period. The company's net profit stood at Rs 152.47 crore, a decline of 17 per cent on a year-on-year (y-o-y) basis and lower than analyst expectation of around Rs 170 crore.

The Tata Group company said its revenue from operations was driven by an improvement in branded and non-branded business both in India and globally. “The India business recorded continued value and volume growth. Our flagship brands