Tata Consumer Products Ltd reported its Q2FY23 earnings: Net profit up by 36%

On Thursday, Tata Consumer Product Ltd (TCPL) reported a 36.25 per cent rise in consolidated net profit at INR 389.43 crore for the second quarter. While, revenue from operations rose by 10.87 per cent to INR 3,363.05 crore during the quarter under review as against INR 3,033.12 crore in the corresponding period last year. Total expenses of Tata Consumer Products (TCPL) were at INR 3,021.90 crore, up 11.55 per cent from INR 2,708.91 crore earlier.

The company’s revenue from the Indian market in July-September rose 9.19 per cent to INR 2,159.95 crore, as against INR 1,978.08 crore in the year-ago period. Its international business contributed revenue of INR 838.87 crore, up 7.37 per cent compared to INR 781.27 crore earlier.