Tata Consumer Products Ltd.
-10.45 (-0.88%) Tata Global Beverages reports 60% jump in Q2 consolidated net profit
Date: 16-11-2016Tata Global Beverages has reported results for second quarter ended September 30, 2016.
The company has reported 18.29% fall in its net profit after tax at Rs 86.32 crore for the quarter under review as compared to Rs 105.64 crore for the same quarter in the previous year. Total income of the company decreased by 1.93% at Rs 810.10 crore for the quarter under review as compared Rs 826.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 60.10% rise in its net profit at Rs 139.62 crore for the quarter ended September 30, 2016 as compared to Rs 87.21 crore for the same quarter in the previous year. However, total income of the company has decreased by 2.69% to Rs 1656.91 crore for quarter under review from Rs 1702.70 crore for the quarter ended September 30, 2015.