Tata Consumer Products Q2FY25 Results
Tata Consumer Products’ revenue grew 11% YoY
- 23 Oct 2024
- Tata Consumer reported a 3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11%.
- Its expenses for the quarter were down by 2% QoQ and up 16% YoY.
- The net profit grew 27% QoQ and 1% YoY.
- The earnings per share (EPS) of Tata Consumer Products stood at 3.8 during Q2FY25.
Tata Consumer’s Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 3,824 | 4,391 | 4,260 | -3% | 11% |
Total expenses | 3,318 | 3,926 | 3,836 | -2% | 16% |
Profit before tax | 491 | 448 | 397 | -11% | -19% |
Tax | 132 | 134 | 38 | -72% | -71% |
Profit after tax | 364 | 289 | 367 | 27% | 1% |
Earnings per share | 3.6 | 3.1 | 3.8 |
Financials:
- Revenue from Operations for the quarter was at ₹ 4,214 crores, up 13%; six months Revenue was at ₹ 8,567 crores up 15%.
- Consolidated EBITDA for the quarter was at ₹629 Crores, grew 11% and for six months EBITDA was at ₹1,300 crores and grew 16%.
- Group Net Profit before exceptional items for the quarter was ₹388 crores higher by 3%, Group Net Profit before exceptional items for the six months at ₹690 crores was lower by 4%.
Management Commentary:
Sunil D’Souza, Managing Director & CEO of Tata Consumer Products:
- Topline & EBITDA Growth: Tata Consumer Products reported a 13% topline growth and 11% EBITDA growth in Q2 FY25.
- India Business: Continued growth in India salt, Tata Sampann, and Tata Soulful. The tea segment faced subdued trends.
- Synergy Gain: Strong synergy benefits from Capital Foods and Organic India integrations, with quarter-on-quarter growth.
- Tata Starbucks: Now the largest café operator in India with 457 stores across 70 cities.
- International Business: Delivered strong performance, especially in the UK, with margin expansion.
- Sales & Distribution: Strengthened infrastructure with new systems and growing modern trade, e-commerce, and new channels (Food Services/HoReCa, Pharmacies).
- Subsidiary Merger: Completed the merger of NourishCo, Tata Soulfull, and Tata SmartFoodz to simplify and scale operations.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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