Tata Coffee Ltd is primarily engaged in the production, trading and distribution of Coffee and Tea and Allied products. The group has operations in India, USA, CIS countries, Europe, Africa and Vietnam. It is Asia’s largest integrated coffee company, the second largest exporter of Instant Coffee and foremost producer of Specialty coffee in India. The promoter of the company is Tata Consumer Products Ltd which holds 57.48% shares of TCL.
Financial Results:
Tata Coffee Ltd reported Revenues for Q2FY24 of ₹696.00 Crores down from ₹718.00 Crore year on year, a fall of 3.06%.
Total Expenses for Q2FY24 of ₹637.00 Crores down from ₹672.00 Crores year on year, a fall of 5.21%.
Consolidated Net Profit of ₹64.00 Crores down 56.46% from ₹147.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹3.04, down 60.10% from ₹7.62 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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