Tata Consumer Products Q3 consolidated profit rises 29% to Rs 218 crore

Tata Buyer Goods documented a consolidated net income of Rs 218 crore crore for the quarter ended December 2020, up 29 per cent 12 months-on-12 months from Rs 169 crore in the course of the identical period a 12 months before.

Profits from operations was up about 23 per cent to Rs 3,069 crore from Rs 2,492 crore in the course of the identical period a 12 months back. The income was Rs 2,781.34 crore in the September quarter. The rise was led by volume and benefit progress in the branded organization

The firm’s total charges stood at Rs 2,790.72 crore in the December quarter.

Phase smart, the India beverages revenues greater 46 per cent to Rs 1,275 crore for the quarter underneath overview, though the India foods income came in at Rs 630 crore

Shares of Tata Buyer ended at Rs 575.ninety five a piece, down 1.four per cent on NSE.

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