Tata Global Beverages’ consolidated net registers 49% growth in Q2

Tata Global Beverages has reported unaudited results for the second quarter ended September 30, 2011.

The company’s net profit after tax for the second quarter surged by 66.15% at Rs 50.46 crore as compared to Rs 30.37 crore for the corresponding quarter last year. Its total income increased 11.07% at Rs 538.38 crore for the quarter under review from Rs 484.72 crore for the same quarter last year.

On consolidated basis, the group has posted a growth of 49.10% in its net profit at Rs 76.95 crore as compared to Rs 51.61 crore for the quarter ended September 30, 2010. Its total Income has increased by 11.83% at Rs 1649.23 crore for the quarter under review as compared to Rs 1474.82 crore for the similar quarter of the previous year.