Tata Consumer Products Q1 Results: Profit Falls 12.4%, Revenue Rises
The company's net profit declined 12.4% year-on-year to Rs 314 crore in the April-June quarter.
Tata Consumer Products Ltd.'s net profit fell in the first quarter of fiscal 2025.
The company's net profit declined 12.4% year-on-year to Rs 314 crore in the April-June quarter, according to an exchange filing issued on Tuesday.
Tata Consumer Products Q1 FY25 Highlights (YoY)
Revenue rose 16.3% to Rs 4,352 crore.
Ebitda rose 22.4% to Rs 667 crore.
Margin at 15.3% versus 14.6%.
Net profit fell 12.4% to Rs 314 crore.
The India beverages business saw 6% revenue growth, with coffee leading the charge at 28%. The introduction of Tata Tea Chakra Gold Vita Care and the impactful Jaago Re campaign on climate change were significant highlights.
The NourishCo segment grew by 7%, despite a challenging summer. The India foods business continued its double-digit growth, achieving a 30% increase in revenue, with salt and Tata Sampann portfolios growing by 9% and 37%, respectively.
E-commerce and modern trade channels demonstrated substantial growth, and the integration of recent acquisitions—Capital Foods and Organic India—is progressing ahead of schedule, enhancing the company’s innovation and growth trajectory.
The international business reported 10% revenue growth for the quarter (8% in constant currency terms), with profitability improving due to structural interventions and pricing actions.
Tata Starbucks continued its expansion by adding 17 new stores, reaching a total of 438 stores across 65 cities, and introduced new offerings like Cold Brew and Refreshers with green coffee extract. The Starbucks summer campaign featured experiential in-store activities and new product launches.
“We delivered good top-line growth of 16% in Q1 FY25 (+10% organic growth), with an Ebitda growth of 23%. During the quarter, we recorded strong growth in the India salt business, our India tea business was impacted by an intense summer. Our growth businesses (Tata Sampann, RTD, Tata Soulfull, Tata SmartFoodz, Capital Foods, Organic India) recorded 66% growth (20% organic growth)," said Sunil D’Souza, managing director and CEO of Tata Consumer Products.
