Page 7 - Tata Consumer Products

Tata Consumer to expand presence in south India, focusses on rural market

Tata Consumer Products Ltd is expanding its presence in the southern markets and focussing on building distribution channels in rural and semi-urban markets now, the company said in its latest annual report. "We are expanding our presence in South India across tea, coffee, salt and spices with the launch of South-specific products to cater to regional consumers," said TCPL. The company continues to "gain ground in the South" in tea and coffee. In tea, TCPL's Chakra Gold and Kanan Devan brands continued to make strong inroads into the south and Tata Coffee Grand was restaged with a new pack design. "We have identified the rural market as an area of opportunity and are focussing on building distribution in rural and semi-urban markets now. In salt, we launched Shuddh, a brand specifically targeted to the South market," said TCPL. While in the spices category, TCPL launched a range of customised spices under the Tata Sampann brand for the southern market. TCPL aspires to be a leading

Tata Consumer Products net profit rises 23.5% in January-March quarter

Its revenue was up 14 per cent at 3,618.7 crore during the quarter mainly driven by underlying growth of 15 per cent in India business

Tata Consumer Products Q4 results: Net profit rises 23% to Rs 269 crore

The company, which owns the eponymous Tata Tea and Tata Salt brands, said its consolidated net profit rose 23% to Rs 269 crore ($32.85 million) in the quarter ended March 31.

Sensex ends 75pts up after choppy day, Nifty tops 17,750; ITC extends rally

CLOSING BELL: Among buzzing stocks, shares of RVNL were locked at 20 per cent upper circuit, RITES zoomed 9 per cent, and Texmaco Rail 7 per cent

Tata Coffee Q4 result: A look at how it performed in previous quarters

Tata Group in March 2022 announced a merger between Tata Coffee and Tata Consumer Products, NCLT's nod is expected soon

Tata Group planning to inject $2 billion into its super-app Tata Neu

Tata Neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under Tata

Bisleri deal dissolved; Tatas to make investments in their own brands

The Tata Group company announced on March 17 that negotiations regarding the potential acquisition of Ramesh Chauhan's Bisleri International had ceased

Bisleri will be 'a business run by professionals': Chairman Ramesh Chauhan

Chauhan told Business Standard that Angelo Dias, CEO at the company, is running the business and that he was no longer looking to sell a majority stake in the company

Jayanti Chauhan to head Bisleri International after Tatas walk out

Jayanti has been involved in the company's business for several years and of late, she has been working on expanding Bisleri's Vedika brand

Tata Consumer dips 2% after withdrawing plans to acquire Bisleri

The company said no definitive agreement or binding commitment has been signed on this matter.

Stocks to Watch: Tata Consumer, NTPC, RVNL, GMR Airports, Havells, SKF

Stocks to Watch: Tata Consumer Products ceased negotiations with Bisleri for a potential acquisition. It said no definitive agreement or binding commitment has been signed on this matter

Tata Consumer nixes talks with Chauhans on Rs 7K-crore Bisleri deal

The companies could not agree on valuation, say sources

Tata Consumer says still in talks with Bisleri Int'l for majority stake

If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr

Weak tea biz a drag on domestic sales performance of Tata Consumer Products

International margins fall sharply on cost inflation, price lag in December quarter

We're looking at acquisitions but won't buy at all costs: Tata Consumer MD

In a Q&A, Sunil D'Souza talks about the company's strategy to launch more D2C brands and his outlook on demand for the company

Tata Consumer Products gets nod to delist its global depository receipts

Maker of Tata Tea announces net profit of Rs 352 crore

Tata Consumer Products Q3 net rises 25.6% to Rs 364 cr, revenue up 8.29%

Tata Consumer Products Ltd (TCPL) on Thursday reported a 25.63 per cent increase in consolidated net profit at Rs 364.43 crore for the December quarter. The company had posted a net profit of Rs 290.07 crore for the October-September period a year ago, TCPL, earlier known as Tata Global Beverages Ltd, said in a regulatory filing. Its revenue from operations was up 8.29 per cent to Rs 3,474.55 crore during the quarter under review as against Rs 3,208.38 crore in the corresponding period last year. Total expenses of the Tata group's FMCG arm were 10.13 per cent higher at Rs 3,119.73 crore over Rs 2,832.68 crore earlier. The company's "profit before tax at Rs 482 crore is 25 per cent higher as compared to the corresponding quarter of the previous year, reflecting a strong growth in the domestic business partly offset by lower profits in the international business due to inflationary pressures and weakness in the currency," the company said in its earning statement. TCPL Managing Dire

New brew: Tata group's Amalgamated Plantations to enter tea tourism

'Any additional revenue stream welcome,' says the company that has estates in several states

Tata Coffee-Tata Consumer merger gives traders a shot at arbitrage

4% spread on offer; analysts bullish on long-term prospect of merged entity

Consumer companies push deal activity to 25-year high in 2022, shows data

Many small brands swallowed up in catch-up acquisition spree