Its net profit stood at Rs 41.99 crore in the year-ago period
F Born AG on Tuesday sold more than 22 lakh shares of Tata Coffee Ltd, worth over Rs 23 crore, through an open market transaction.
Tata Coffee Ltd on Wednesday posted nearly 6 per cent jump in its consolidated net profit to Rs 42.40 crore for September quarter on improved revenues. The company had posted a net profit of Rs 40.13 crore in the corresponding quarter of previous fiscal, Tata Coffee said in a regulatory filing. Net income in the second quarter of the current fiscal rose to Rs 546.63 crore from Rs 486.05 crore in the year-ago period. Expenses remained higher at Rs 488.76 crore as against Rs 439.12 crore in the said period, the filing said. "Our Instant Coffee exports from India continue to be healthy, with our plants running to near full capacities. We have seen stable performances across key geographies. Our Vietnam operations continue to grow stronger quarter-on-quarter," Tata Coffee Ltd Managing Director Chacko P Thomas said. He said green bean sales during the quarter was better, despite strong headwinds due to lower terminal prices. "We see slowness in demand in the short-term, especially in
Located in Karnataka, plantations employ 3,000 people & export 20,000 tonnes of coffee annually
Consolidated total income, on the other hand, rose 26 per cent year-on-year (YoY) at Rs 592 crore
Tata Coffee Ltd on Tuesday reported a 77 per cent increase in consolidated net profit at Rs 62 crore for the quarter ended June
The company reported a strong 61 per cent year-on-year (YoY) jump in its consolidated profit before exceptional items and tax (PBT) at Rs 53 crore in December quarter (Q3FY20).
As coffee drinking picks up in the country, Tata Coffee plans a fresh offensive with Monsooned Malabar
A total of 51 stocks including M&M Financial, JSW Steel, Heritage Foods, Eris Lifesciences, Godrej Consumer, L&T Financial Motilal Oswal Financial and Shoppers Stop hit 52-week lows.
Thomas has been associated with Tata Coffee as the executive director and deputy chief executive officer since August 4, 2015
Tata supplies coffee beans to over 100-odd Starbucks outlets in India but is now also looking to become a supplier of coffee for the Seattle-based company globally
The stock dipped 7% to Rs 124 on the BSE after the company reported a sharp 63% y-o-y decline in its consolidated net profit at Rs 224 million in March quarter
Tata Coffee today reported a 62 per cent fall in its consolidated net profit to Rs 22.40 crore in the quarter ended March. The company had clocked Rs 59.80 crore net profit in the year-ago quarter, Tata Coffee said in a BSE filing. However, its total income in the quarter under review rose by 10 per cent to Rs 448.53 crore compared to Rs 407.64 crore in the same period of 2016-17, it said. During January-March of 2018, the company's expenses increased 36 per cent to Rs 427.18 crore from Rs 314.17 crore, it added. In a separate filing, the company said that Board of Directors have approved the re-appointment of Chacko Purackal Thomas as Executive Director and Deputy CEO of the company for a period of 3 years. "Based on the recommendation of the nomination and remuneration committee, the Board of Directors approved the re-appointment of Chacko Purackal Thomas as Executive Director & Deputy CEO of the company for a period of 3 years with effect from August 4, 2018," the company ...
Sunil Hitech, Diamond Power Infra, Reliance Naval and Engineering, Gammon Infra and A2Z Infra Engineering were down in the range of 6% to 13%, touching their respective 52-week lows today.
The stock hit a record high of Rs 175, up 17%, extending its yesterday's nearly 4% gain on the NSE
Plantation segment revenue declined 7% to Rs 78 cr
The stock rallied nearly 15% to Rs 132, also its 52-week high on the BSE in intra-day trade.
Tata Coffee is a subsidiary of Tata Global Beverages which is Asia's largest integrated coffee company