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Tata Global Beverages reports 77% surge in Q4 consolidated net profit

28 May 2013 Evaluate

Tata Global Beverages reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a marginal rise of 26.19% in its net profit at Rs 37.00 crore in Q4FY13 as compared to net profit of Rs 29.32 crore in the same quarter previous year. Total income from operation of the company has increased by 21.97% to Rs 578.37 crore as compared to Rs 474.19 crore in corresponding quarter last year.

On consolidated basis, the company has reported a rise of 76.65% in its net profit at Rs 95.76 crore in Q4FY13 as compared to net profit of Rs 54.21 crore in the same quarter previous year. Total income from operation of the company has increased by 6.35% to Rs 1849.50 crore as compared to Rs 1738.52 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 14.55% fall in its net profit at Rs 258.65 crore in FY13 as against Rs 302.68 crore in previous years. Total income from operation of the company has increased to Rs 2326.10 crore as compared to Rs 2035.29 crore in FY12, up by 14.29%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted 4.66% rise in its net profit at Rs 372.75 crore under year under review as compared to Rs 356.14 crore in FY12. Total income has increased by 10.71% at Rs 7350.98 crore for year under review as compared to Rs 6640.04 crore for the period ended March 31, 2012.

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