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    HomeNewsBusinessEarningsTata Consumer Products: Raw material inflation not a worry for now

    Tata Consumer Products: Raw material inflation not a worry for now

    Foods business likely to be the next engine of growth for TCPL

    Nandish Shah
    May 06, 2022 / 09:18 IST
    Tata Consumer Products: Tata Consumer Products net profit surges 304% YoY in March quarter. The company clocked 304 percent year-on-year growth in consolidated profit at Rs 217.54 crore in the quarter ended March 2022 driven by growth in underlying profitability and lower exceptional costs. Revenue grew by 4.5 percent YoY to Rs 3,175.4 crore during the quarter, with 4 percent growth in topline in constant currency, supported by India branded business. Sivakumar Sivasankaran is appointed as Chief Financial Officer, India and as key managerial personnel of the company, in place of John Jacob, who is retiring from the services of the company.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More