Tata Consumer Products Ltd reported a 14.3% decline in net profit for Q1 FY25, totaling ₹289.3 crore, compared to ₹337.7 crore in the same period last year. Despite this, revenue grew by 16.3% to ₹4,352.1 crore, surpassing predictions, and EBITDA rose 22.5% to ₹667.4 crore. The EBITDA margin increased to 15.3%. The company’s India beverage segment saw a 6% revenue increase, with strong growth in coffee and salt. International revenue grew by 10%, and Tata Starbucks added 17 new stores, expanding into four new cities.
5 Major Key Points
- Net Profit Decline: Tata Consumer Products saw a 14.3% drop in net profit to ₹289.3 crore for Q1 FY25.
- Revenue Growth: Revenue increased by 16.3% to ₹4,352.1 crore, exceeding predictions.
- EBITDA Rise: EBITDA rose by 22.5% to ₹667.4 crore, with an improved margin of 15.3%.
- India Business Performance: The India beverages business grew by 6%, with notable gains in coffee and salt.
- Expansion and Growth: Tata Starbucks added 17 new stores and entered four new cities, while international revenue grew by 10%.