InvestorQ : How do you see the Tata Consumer Products stock after the latest quarterly results?
Anjana Aiyar made post

How do you see the Tata Consumer Products stock after the latest quarterly results?

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Arya Nanda answered.
1 year ago
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Tata Consumer net sales were up by 35% at Rs. 2405 crore for the Mar-20 quarter. The quarterly net loss stood at Rs.76.50 crore while EBITDA was up by 57% at Rs.330 crore. However, it needs to be noted that these numbers may not be exactly comparable as they include the consolidated figures of the merger of the consumer business of Tata Global and Tata Chemicals. The stock has rallied over 80% in the last one year and looks set to forage higher as the benefits of the merger come through.

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