Tata Consumer Products reports 89% rise in Q1 consolidated net profit
5th Aug 2020

Tata Consumer Products has reported results for first quarter ended June 30, 2020.

The company has reported 50.37% rise in its net profit of Rs 232.31 crore for the quarter under review as against net profit of Rs 154.49 crore for the same quarter in the previous year. Total income of the company increased 9.71% at Rs 1651.13 crore for Q1FY21 as compared Rs 1504.98 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 88.53% rise in its net profit attributable to owners at Rs 327.56 crore for the quarter under review as against net profit of Rs 173.74 crore for the same quarter in the previous year. Total income of the company increased by 13.24% at Rs 2746.62 crore for Q1FY21 as compared Rs 2425.45 crore for the corresponding quarter previous year.