InvestorQ : How did Tata Consumer report such good numbers in the Q3 of this year?
Arusha Ray made post

How did Tata Consumer report such good numbers in the Q3 of this year?

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2 months ago
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Tata Consumer report Q3 PAT up Rs29% at Rs.218 crore on the back of revenue growth of 23.13% growth to Rs.3,070 crore. In terms of verticals of the company, the India beverages business was up 50% yoy while the India packaged foods business was up 20%. The international beverages business grew a modest 9% due to several export constraints.

Operating profits of Tata Consumer were up 15.7% at Rs.197 crore; growing much slower than the top line due to the sharp spike in input costs of raw materials used. Consequently, the operating profit margins or the OPM fell from 10.30% in the Dec-19 quarter to 9.67% in Dec-20 quarter.

Profit after tax or PAT was up 29% at Rs.218 crore purely on the strength of better performance by the associate companies of Tata Consumer. PAT margins improved from a level of 6.79% to 7.11% in the Dec-20 quarter on a yoy basis.

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