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Tata Consumer released second-quarter results, revenue increased by 11 percent
Tata Consumer Q2 Results: The company's consolidated net profit fell 6.55 percent to Rs 363.92 crore in Q2FY24. It was Rs 389.43 crore in the same period last year. However, the company's consolidated profit before goods and taxes increased by 36.43 percent to Rs 505.43 crore in the second quarter of the current financial year as against Rs 370.46 crore in the year-ago period.
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“Tata Consumer released second-quarter results, revenue increased by 11 percent”
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1 Nov 2023
Tata Group's FMCG arm Tata Consumer Products Limited (TCPL) said that TCPL's profit declined in the September quarter.
The company's consolidated net profit fell 6.55 percent to Rs 363.92 crore in Q2FY24. Which was Rs 389.43 crore in the same quarter a year ago.
However, the company's consolidated profit before exceptional items and tax increased by 36.43 percent to Rs 505.43 crore in the second quarter of the current financial year from Rs 370.46 crore in the year-ago quarter.
TCPL's revenue from operations during the September quarter increased by 11.02 percent to Rs 3,733.78 crore from Rs 3,363.05 crore.
