Tata Coffee net profit falls 6 pc to Rs 9.86 cr in Mar quarter; FY20 profit up 20 pc at Rs 82.4 cr

Tata Coffee on Tuesday reported a 6 per cent fall in its consolidated net profit to Rs 9.86 crore for the quarter ended March 31.

Its net profit had stood at Rs 10.49 crore in the year-ago period, the company said in a regulatory filing.

The firm's total income, however, rose to Rs 523.46 crore during the fourth quarter of 2019-20, from Rs 464.46 crore in the corresponding period of the previous year.

During the financial year 2019-20, the company's net profit rose to Rs 82.40 crore from Rs 68.77 crore in the previous year.

The company's total income rose to Rs 1,986.78 crore in 2019-20, compared with Rs 1,822.41 crore in the financial year 2018-19.