Tata Coffee reports 89% jump in Q1 net profit

Tata Coffee has reported results for first quarter ended June 30, 2012.

The company has registered a surge of 89.32% in its net profit at Rs 24.46 crore for the quarter under review as compared to Rs 12.92 crore for the same quarter in the previous year. Total income of the company has increased by 26.35% at Rs 151.53 crore for Q1FY13 as compared Rs 119.93 crore for the corresponding quarter previous year.

Tata Coffee is arguably the largest integrated coffee plantation company in the world. The company has a hand in every aspect of the coffee making process, with business activities ranging from growing and curing of coffee and tea to the manufacture and marketing of value-added coffee products.