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    HomeNewsBusinessEarningsTata Coffee Q3 net profit seen up at Rs 15 cr

    Tata Coffee Q3 net profit seen up at Rs 15 cr

    Tata Coffee is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 15 crore as against Rs 13.9 crore (YoY).

    January 25, 2011 / 13:32 IST

    Tata Coffee is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 15 crore as against Rs 13.9 crore (YoY).

    Revenues are seen going up by 4% to Rs 80 crore from Rs 76.46 crore. Other operating income is likely to go up to Rs 1.7 crore from Rs 1.36 crore.

    EBITDA margin is also improving at 14% versus 12.9%.
     
    Watch out for

    -Starbucks alliance is expected to help volumes/sales going forward and not in Q3.
    -Higher sale expected from global names like Coffee Bean, Starbucks, etc
    -Company expected to expand capacity to accomodate growth in sales

    first published: Jan 25, 2011 12:47 pm

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