{"id":177853,"date":"2026-01-27T06:57:25","date_gmt":"2026-01-27T11:57:25","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177853"},"modified":"2026-01-27T06:57:28","modified_gmt":"2026-01-27T11:57:28","slug":"tata-consumer-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-consumer-q3-fy26-earnings-results\/","title":{"rendered":"Tata Consumer Q3 FY26 Earnings Results"},"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<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<p>Revenue from Operations \/ Net Sales: \u20b95,112 cr, up 15.04% YoY from \u20b94,444 cr in Q3 FY25, +2.94% QoQ from \u20b94,966 cr in Q2 FY26, led by 13% underlying growth in India business, 11% in international, and 20% in non-branded; branded business revenue \u20b94,603 cr (+14.32% YoY).<\/p>\n\n\n\n<p>EBITDA \/ Operating Profit: \u20b9721 cr (before other income), up 28% YoY, +6.4% QoQ, with margin expanding 140 bps YoY and 57 bps QoQ to 14.1% (highest recent); total expenses \u20b94,582 cr (+12.11% YoY).<\/p>\n\n\n\n<p>Profit Before Tax (PBT): \u20b9540 cr, +34.33% YoY.<\/p>\n\n\n\n<p>Profit After Tax (PAT) \/ PAT Margin: \u20b9385 cr (\u20b9384.61 cr precise), +37.91% YoY from \u20b9282 cr in Q3 FY25, -4.91% QoQ from \u20b9404 cr in Q2 FY26; PAT margin 7.88% (-12 bps QoQ, +YoY implied); 9M PAT \u20b91,123 cr (+YoY).<\/p>\n\n\n\n<p>9M YTD Performance: Revenue \u20b914,857 cr (+YoY), PAT \u20b91,123 cr (+YoY).<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/f34da490-d1a2-431a-9607-8d320e21c2d7.pdf\" target=\"_blank\" rel=\"noopener\">Strongest quarterly revenue<\/a> on record driven by volume-led growth in beverages\/foods (India core), premiumisation, and distribution expansion; margin gains from lower tea costs offset by coffee inflation\/investments, with branded India up double-digits.<\/li>\n\n\n\n<li>Strategic focus: Innovation-led portfolio (e.g., Tata Sampann), RTD acceleration, Capital Foods\/Organic India integration post-GST; 9M traction positions for FY26 outperformance amid valuation scrutiny and working capital pressures (debtors turnover 16.17x).<\/li>\n<\/ul>\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\/2026\/01\/image-80-839x1024.png\" alt=\"\" class=\"wp-image-177878\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b94,966 cr, +18% YoY, +3.8% QoQ; total income \u20b95,004 cr (+17.5% YoY).<\/li>\n\n\n\n<li>EBITDA: Implied strong, margin steady at 13.5%.<\/li>\n\n\n\n<li>PAT: \u20b9407 cr, +11% YoY, +22.5% QoQ; PBT \u20b9523 cr (+31.8% YoY).<\/li>\n\n\n\n<li>Total Expenses: \u20b94,481 cr (+16.8% YoY).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Double-digit India core growth (tea\/salt), Tata Sampann momentum, RTD resilience despite weather; steady profit on efficiencies, innovation\/distribution driving market share.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\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":177878,"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],"tags":[8741],"class_list":["post-177853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","tag-consumer-foods"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-80.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179000,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":0},"title":"Tata Chemicals Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 2, 2026","format":false,"excerpt":"Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b93,550 cr, \u22121.1% YoY vs \u20b93,590 cr, \u22123% QoQ vs \u20b93,719 cr; subdued pricing, lower volumes in international soda ash, UK reconfiguration impact. EBITDA: \u20b9345 cr, \u221220.5% YoY\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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\/2026\/02\/image-18.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-18.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179638,"url":"https:\/\/alphastreet.com\/india\/tata-power-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":1},"title":"Tata Power Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 5, 2026","format":false,"excerpt":"Tata Power Company Ltd is primarily involved in the business of the generation, transmission and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh ev charging stations by 2025. The company is India's largest vertically-integrated power\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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\/2026\/02\/image-48.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-48.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-48.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-48.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-48.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-48.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178532,"url":"https:\/\/alphastreet.com\/india\/voltas-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":2},"title":"Voltas Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 30, 2026","format":false,"excerpt":"Voltas is engaged in the business of air conditioning, refrigeration, electro - mechanical projects as an EPC contractor both in domestic and international geographies (Middle East and Singapore) and engineering product services for mining, water management and treatment, construction equipments and textile industry. Voltas was created 6 decades ago when\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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\/2026\/01\/image-128.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-128.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-128.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-128.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-128.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-128.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179531,"url":"https:\/\/alphastreet.com\/india\/sheela-foam-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":3},"title":"Sheela Foam Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 4, 2026","format":false,"excerpt":"Sheela Foam Limited is a leading player in India\u2019s mattress and foam products industry and a leader in Polyurethane (PU) Foam. It has a nationwide presence in manufacturing PU Foam with a track record, since 1971. Q3 FY26 Earnings Results Revenue from Operations: \u20b91,074 cr, up 11% YoY from \u20b9967\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179545,"url":"https:\/\/alphastreet.com\/india\/pidilite-industries-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":4},"title":"Pidilite Industries Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 4, 2026","format":false,"excerpt":"Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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\/2026\/02\/image-44.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-44.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-44.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-44.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-44.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/image-44.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178856,"url":"https:\/\/alphastreet.com\/india\/rr-kabel-q3-fy26-earnings-results\/","url_meta":{"origin":177853,"position":5},"title":"RR Kabel Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 2, 2026","format":false,"excerpt":"Incorporated in 1995, RR Kabel provides consumer electrical products used for residential, commercial, industrial, and infrastructure purposes in two major segments, namely wires and cables including house wires, industrial wires, power cables, and special cables; and FMEG including fans, lighting, switches, and appliances. Q3 FY26 Earnings Results Revenue from Operations:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177853","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=177853"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177853\/revisions"}],"predecessor-version":[{"id":177881,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177853\/revisions\/177881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/177878"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}