Tata Coffee on Tuesday reported a 44.71 per cent decline in consolidated net profit during the December quarter at INR 38.40 crore. The consolidated net profit of Tata Coffee Ltd (TCL) stood at INR 69.46 crore in the year-ago period, it said in a regulatory filing.<\/p>\n\n\n\n
Consolidated total income for the quarter witnessed a 19.13 per cent growth during the October-December period at INR 754.76 crore as compared to INR 633.52 crore in the corresponding period previous year, driven by higher realisations in Eight O’ Clock Coffee (EOC) and instant coffee businesses of the company.<\/p>\n\n\n\n
The company, a subsidiary of Tata Consumer Products formerly known as Tata Global Beverages, stated that the improved price realisations driven by superior product mix in instant coffee business both in India and Vietnam has aided the company’s quarter performance.<\/p>\n\n\n\n
The operating performance of EOC business was impacted during the quarter under review by higher input and other costs, which are expected to ease over coming quarters, it said. Tata Coffee’s Vietnam operations continue to deliver robust sales with improved profitability driven by higher sales of premium products, it said.<\/p>\n\n\n\n
“The performance of our instant coffee business continues to be robust. Tata Coffee’s Vietnam operations continue to be strong with a healthy order pipeline. There is, however, continuing inflationary pressure on costs and impact on instant coffee sales in some geographies. “Our subsidiary, Eight O’ Clock Coffee, has registered higher revenues though the profitability for the quarter has been impacted due to higher costs,” TCL Managing Director Chacko P Thomas said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tata Coffee on Tuesday reported a 44.71 per cent decline in consolidated net profit during the December quarter at INR 38.40 crore. The consolidated net profit of Tata Coffee Ltd (TCL) stood at INR 69.46 crore in the year-ago period, it said in a regulatory filing. Consolidated total income for the quarter witnessed a 19.13 […]<\/p>\n","protected":false},"author":1863,"featured_media":27118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6351,392],"tags":[9013,8765,11489],"class_list":["post-140662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-stocks","category-earnings","tag-beverages","tag-coffee","tag-tea"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135007,"url":"https:\/\/alphastreet.com\/india\/tata-consumer-products-ltd-reported-its-q2fy23-earnings-net-profit-up-by-36\/","url_meta":{"origin":140662,"position":0},"title":"Tata Consumer Products Ltd reported its Q2FY23 earnings: Net profit up by 36%","author":"Chirag Gupta","date":"October 21, 2022","format":false,"excerpt":"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\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":141602,"url":"https:\/\/alphastreet.com\/india\/tata-investment-corp-q3fy23-net-profit-declined-by-13-per-cent\/","url_meta":{"origin":140662,"position":1},"title":"Tata Investment Corp Q3FY23 net profit declined by 13 per cent","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Tata Investment Corporation Ltd on Tuesday reported a 12.55 per cent decline in consolidated profit after tax at INR 34.74 crore for the third quarter ended December 31, 2022. The company had posted a consolidated profit after tax (PAT) of INR 39.73 crore in the same quarter last fiscal, Tata\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139888,"url":"https:\/\/alphastreet.com\/india\/tata-consumers-net-profit-soars-by-26-in-its-q3fy23-earnings\/","url_meta":{"origin":140662,"position":2},"title":"Tata Consumer’s net profit soars by 26% in its Q3FY23 earnings","author":"Chirag Gupta","date":"February 2, 2023","format":false,"excerpt":"Tata Consumer Products Ltd (TCPL) on Thursday reported a 25.63 per cent increase in consolidated net profit at INR 364.43 crore for the quarter ended December. The company had posted a net profit of INR 290.07 crore for the October-September period a year ago, TCPL, earlier known as Tata Global\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":140654,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-reported-a-26-rise-in-its-net-profit-in-q3fy23\/","url_meta":{"origin":140662,"position":3},"title":"Tata chemicals reported a 26% rise in its net profit in Q3FY23","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Tata Chemicals reported a 25.72% year-on-year (YoY) rise in its net profit to INR 391 crore for the quarter ended December 31, 2022. The company had reported a profit of INR 311 crore in the same quarter of the previous fiscal year. The company clocked a 32% increase in the\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144171,"url":"https:\/\/alphastreet.com\/india\/tata-consumers-net-profit-soars-by-21-in-its-q4fy23-earnings\/","url_meta":{"origin":140662,"position":4},"title":"Tata Consumer\u2019s net profit soars by 21% in its Q4FY23 earnings","author":"Chirag Gupta","date":"April 26, 2023","format":false,"excerpt":"Tata Consumer Products Ltd (TCPL) reported a 21 per cent increase in consolidated net profit at INR 290 crore for the quarter ended March. The company had posted a net profit of INR 239 crore for the same quarter an year ago, TCPL, earlier known as Tata Global Beverages Ltd,\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135311,"url":"https:\/\/alphastreet.com\/india\/tata-steel-q2fy23-results-out-net-profit-down-by-90\/","url_meta":{"origin":140662,"position":5},"title":"TATA Steel Q2FY23 results out: Net profit down by 90%","author":"Chirag Gupta","date":"November 1, 2022","format":false,"excerpt":"Tata Steel reported a consolidated net profit at INR 1,297 crore in July to September quarter (Q2FY23), down by 90 per cent, on the back of declining margins. In the year-ago period, net profit was at INR 12,548 crore. Revenues from operations at INR 59,877.52 crore was marginally down by\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140662"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/27118"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}