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Tata Global Q4 profit may rise 12.5% to Rs 78 cr: Poll

Tata Global Beverage's fourth quarter performance is expected to be subdued as the demand is yet to pick up. Consolidated profit is likely to increase 12.5 percent year-on-year to Rs 78 crore during January-March quarter, according to a CNBC-TV18 poll.

May 28, 2015 / 11:51 AM IST
 
 
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Tata Global Beverage's fourth quarter performance is expected to be subdued as the demand is yet to pick up. Consolidated profit is likely to increase 12.5 percent year-on-year to Rs 78 crore during January-March quarter, according to a CNBC-TV18 poll.


Revenue is seen rising 1.4 percent to Rs 1,936 crore for the quarter ended March 2015 from Rs 1,909 crore in the same quarter last year.


Operating profit may increase 3.3 percent year-on-year to Rs 196 crore and margin may expand 20 basis points to 10.1 percent in the quarter gone by.


Lower selling and administrative expenses may slightly uplift margins that may support bottomline. Marginal inflation in coffee may be offset by deflation in international tea prices, feel analysts.

They see 12 percent growth in domestic tea business and see marginal decline in subsidiary business.

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first published: May 28, 2015 11:51 am

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