Tata Consumer Products Ltd.

Tata Starbucks, a 50:50 joint venture between Tata Consumer Products and Starbucks Corporation, has reported a 76 per cent growth in revenue to Rs 636 crore for 2021-22 and significantly reduced its net loss, driven by normalisation of operations following easing of Covid-related restrictions.

Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022.

Tata Consumer Products (formerly known as Tata Global Beverages) is a focused consumer products company uniting the food and beverage interests of the Tata Group under one umbrella.