Tata Consumer Products reports 14% revenue growth and 16% profit growth in Q2FY27, with strong performance in growth businesses and expectations of margin expansion in the second half
Tata Consumer Products share price: JM Financial analysts also expect margin delivery to improve, with full benefits of the price hikes in tea and salt to be seen in Q3FY27.
Tata Consumer Products reported a 16 per cent rise in Q2 FY27 net profit to ₹469 crore, supported by strong India volumes, growth businesses and higher Tata Starbucks revenue
Q2FY27 company results: Firms including Mankind Pharma, Dalmia Bharat, APL Apollo Tubes, and Aegis Logistics are also to release their July-September earnings today
Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.
Tata Consumer Products acquires additional stake from Wildflower Private Trust, taking its holding in the Ching's Secret and Smith & Jones maker to 80 per cent
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 ...
Analysts highlighted improving rural demand, premiumisation and a gradual recovery in consumption as key positives.
Heavyweights, including Tata Consultancy Services (TCS), Tata Steel, Tata Communications, Trent and Tata Motors Passenger Vehicles traded lower, with losses up to 6 per cent in some counters.
Jefferies favours Indian Hotels, Tata Consumer, Tata Steel and Voltas, while remaining cautious on TCS, Tata Motors Passenger Vehicles and Tata Power
The creation of Tata Consumer Products and acquisitions of Capital Foods, Organic India and Soulfull helped the group build a larger, diversified portfolio of consumer brands
Consumer firms are reporting operational gains from AI, but evidence that these benefits are translating into higher revenue, margins or Ebit remains limited
Tata Motors, Petronet LNG, Apollo Hospitals, IRCTC among companies set to announce Q1FY27 results today.
Tata Consumer posts strong Q1 growth, led by India business and high-growth brands, with brokerages upbeat on sustained double-digit revenue growth and margin expansion
Revenue grew nearly 12 per cent as the FMCG major reported steady volume growth in tea and salt, strong gains in Tata Sampann and robust international business performance
Tata Consumer Products Q1 result preview: Brokerages expect 11-12 per cent revenue growth in the quarter under preview, driven by strong volume growth in beverages, salt and international tea business
Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.
Tata Consumer Products chairman N Chandrasekaran said businesses are focusing on resilience and productivity as global disruptions reshape markets and consumer behaviour
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 outperformed the markets in today's trade and emerged as the top gainer on the Nifty 50 index. In comparison, the benchmark NSE Nifty was down 1.08 per cent.