On Wednesday, Tata Consumer Products Ltd (TCPL) reported 38 per cent rise in consolidated net profit at Rs 255 crore for June quarter 2022-23. The company had posted a net profit of Rs 200.24 crore for April-June period a year ago. Revenue from operations was up 11 per cent to Rs 3,326.83 crore during the quarter under review as against Rs 3,008.46 crore in the corresponding period last fiscal year. Meanwhile, total expenses of the Tata Group FMCG arm were at Rs 2,958.72 crore as against Rs 2,696.19 crore
Revenue from the Indian market in April-June was at Rs 2,145.20 crore as against Rs 1,971.76 crore in the year-ago period. Its International Business contributed Rs 836.62 crore, up 9 per cent as against Rs 767.58 crore.