Tata Global Beverages reports 12% rise in Q1 consolidated net profit

31 Jul 2019

Tata Global Beverages has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 28.17% in its net profit at Rs 106.10 crore for the quarter under review as compared to Rs 147.71 crore for the same quarter in the previous year. However, total income of the company increased by 4.00% at Rs 1,007.22 crore for Q1FY20 as compared Rs 968.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 11.61% in its net profit at Rs 149.11 crore for the quarter under review as compared to Rs 133.60 crore for the same quarter in the previous year. Total income of the company increased by 5.27% at Rs 1,927.66 crore for Q1FY20 as compared Rs 1,831.11 crore for the corresponding quarter previous year.

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