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Informist, Tuesday, Jan. 27, 2026

 

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--Tata Consumer: Oct-Dec consol net profit INR 3.85 bln
--Tata Consumer: Analysts saw Tata Consumer Oct-Dec consol net profit at INR 4.09 bln
--Tata Consumer: Oct-Dec consol net revenue INR 51.12 bln
--Tata Consumer: Analysts saw Tata Consumer Oct-Dec consol revenue at INR 50.15 bln
--Tata Consumer: Oct-Dec consol PAT INR 3.85 bln vs INR 2.79 bln year ago
--Tata Consumer: Oct-Dec consol revenue INR 51.12 bln vs INR 44.44 bln yr ago
--Tata Consumer: Oct-Dec consol material cost INR 18.43 bln vs INR 18.07 bln
--Tata Consumer: Apr-Dec consol PAT INR 11.23 bln vs INR 9.34 bln year ago
--Tata Consumer: Oct-Dec India branded sales INR 32.03 bln vs INR 28.34 bln
--Tata Consumer: Apr-Dec consol revenue INR 148.57 bln vs INR 130.10 bln yr ago
--Tata Consumer: Q3 international branded sales INR 14 bln vs INR 11.92 bln
--Tata Consumer: Oct-Dec consol operating margin 11.13% vs 9.62% yr ago
--Tata Consumer: Discussed selling arm TRIL Constructions stake, its property
--Tata Consumer: Oct-Dec India branded ops underlying volume growth 15% YoY
--Tata Consumer: Oct-Dec consol EBITDA INR 7.28 bln, up 26% on yr
--Tata Consumer: Oct-Dec packaged beverages business sales up 3% on yr
--Tata Consumer: Oct-Dec consol EBITDA margin 14.2% vs 13.0% year ago
--Tata Consumer: Oct-Dec consol sales up 13% on year in constant currency
--Tata Consumer: Q3 intl ops sales INR 13.04 bln, up 11% in constant currency
--Tata Consumer: Q3 non-branded sales INR 5.47 bln, up 23% YoY
--Tata Consumer: Oct-Dec India foods sales INR 16.55 bln, up 19% on yr
--Tata Consumer: Oct-Dec India beverage sales INR 16.20 bln, up 7% on yr
--Tata Consumer: Oct-Dec salt revenue up 14%, volumes up 15% YoY
--Tata Consumer: Oct-Dec salt market share up 40 bps on year
--Tata Consumer: Oct-Dec tea market share down 70 bps on year
--Tata Consumer: Oct-Dec India coffee revenue up 40% on year
--Tata Consumer: India packaged beverages ops margins back to normative level
--Tata Consumer: Passed benefit of lower input costs for tea ops to consumers
--Tata Consumer: Q3 ready-to-drink ops revenue up 26%, volume up 27% on year
--Tata Consumer: Opened 12 Starbucks stores in Q3, total stores at 504
--Tata Consumer: Q3 revenue from US up 31% YoY on price hikes in coffee pdts

 

By Afra Abubacker and Ashutosh Pati

 

NEW DELHI/MUMBAI – Tata Consumer Products Ltd. on Tuesday reported a sharp year-on-year rise in its bottom line for the December quarter, supported by strong volume-led growth in its India-branded business, particularly in the salt and other food segments. However, the bottom line declined sequentially and also fell short of Street expectations. 

 

The company's consolidated net profit for the reporting quarter rose around 38% on year, but declined nearly 5% sequentially, to INR 3.85 billion, and missed analysts' expectation of INR 4.09 billion.

 

The company's consolidated revenue from operations rose 15% on year and around 3% sequentially to INR 51.12 billion in Oct-Dec, marginally exceeding analysts' expectation of INR 50.15 billion. Its consolidated sales rose 13% on year in constant currency terms. The company's cost of material consumed rose to INR 18.43 billion in the December quarter from INR 18.07 billion in the year-ago period.

 

In the branded segment, the performance of the India Foods portfolio improved, with sales rising 19% on year to INR 16.55 billion in Oct-Dec, while sales of the India Beverages segment were up 7% on year at INR 16.20 billion. 

 

The food portfolio's performance was largely driven by a strong performance in the salt and staples businesses. Revenue from the company's salt business grew 14% on year in the reporting quarter, marking the fourth consecutive quarter of double-digit growth in the segment. The largest salt brand in India, Tata Salt, increased its market share by 40 basis points on year and strengthened its presence in value-added salts. 

 

Within India beverages segment, the company's coffee brand continued its strong trajectory with a revenue growth of 40% on year amid strong premiumisation. In contrast, the tea business' market share declined 70 bps on year. "The tea business continued to grow during the quarter with margins returning to the normative range as the company passed down the benefit of lower input costs to consumers," the company said in a release.

 

For the reporting quarter, revenue from the India packaged beverages business grew 3%. The ready-to-drink segment's revenue rose 26% on year to INR 1.99 billion, marking the second consecutive quarter of double-digit growth. The company's margins in the India packaged beverages business continued to improve and were back to normative operating levels, it said. The company's volumes from the ready-to-drink segment rose 27% on year in the latest quarter.

 

The company net added 12 new 'Tata Starbucks' stores during the December quarter, taking the total number of outlets to 504 across 81 cities in the country. The company's branded business in India reported sales of INR 32.03 billion, up 13% on year, with an underlying volume growth of 15% on year. Its international branded sales rose 17% on year to INR 14 billion in the latest quarter. Tata Consumer's international business maintained a strong trajectory during the quarter, registering 11% growth in constant currency terms to INR 13.04 billion. The company's US business grew 31% on year in the latest quarter, driven by pricing actions taken to offset higher coffee costs.

 

The company reported consolidated earnings before interest, tax, depreciation, and amortisation of INR 7.28 billion, up 26% on year. Its consolidated EBITDA margin expanded to 14.2% from 13.0% a year ago. Its operating margin improved to 11.13% from 9.62% a year ago.

 

"Q3FY26 marked another quarter of strong, broad-based performance for Tata Consumer Products, led by healthy volume-led growth and sustained momentum across our core as well as growth businesses," Sunil D'Souza, managing director and chief executive officer of Tata Consumer Products, said in a release. "...We are encouraged by the consistent performance in our Foods business, the accelerating momentum in Tata Sampann and Ready-to-Drink, and the steady gains in our International business, particularly in coffee."

 

For the nine months ended December, the company reported a consolidated net profit of INR 11.23 billion, up over 20% on year. Its revenue rose over 14% in Apr-Dec to INR 148.57 billion. Tata Consumer also discussed the potential opportunities for the sale of a property held by its subsidiary TRIL Constructions Ltd., including the sale of the company's stakes in the subsidiary. "At this stage, no definitive agreement has been executed. The proposal is currently exploratory in nature, and the company will evaluate possible options in due course," it said.

 

The company declared its Oct-Dec results during market hours. On Tuesday, shares of the company closed 2.9% higher at INR 1,187.40 on the National Stock Exchange.  End

 

Edited by Tanima Banerjee

 

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