{"id":157365,"date":"2023-12-15T05:06:17","date_gmt":"2023-12-15T10:06:17","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157365"},"modified":"2023-12-15T05:06:19","modified_gmt":"2023-12-15T10:06:19","slug":"tata-consumer-products-ltd-q2fy24-6-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-consumer-products-ltd-q2fy24-6-fall-in-profits\/","title":{"rendered":"Tata Consumer Products Ltd Q2FY24; 6% fall in Profits"},"content":{"rendered":"\n<p>Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, UK, North America, Australia, Europe, Middle East and Africa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Tata Consumer Products Ltd reported Revenues for Q2FY24 of \u20b93,734.00 Crores up from \u20b93,363.00 Crore year on year, a rise of 11.03%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b93,319.00 Crores up from \u20b93,022.00 Crores year on year, a rise of 9.83%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9364.00 Crores down 6.43% from \u20b9389.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b93.64, up 2.25% from \u20b93.56 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115-839x1024.png\" alt=\"\" class=\"wp-image-157366\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-157333\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":157366,"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":[105,6351,392],"tags":[9013,9163,11489],"class_list":["post-157365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","category-earnings","tag-beverages","tag-consumer-products","tag-tea"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-115.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155171,"url":"https:\/\/alphastreet.com\/india\/tata-coffee-ltd-q2fy24-56-fall-in-profits\/","url_meta":{"origin":157365,"position":0},"title":"Tata Coffee Ltd Q2FY24; 56% fall in Profits","author":"Chirag Gupta","date":"October 23, 2023","format":false,"excerpt":"Tata Coffee Ltd is primarily engaged in the production, trading and distribution of Coffee and Tea and Allied products. 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