InvestorQ : Why has Tata Consumer Products shown fall in profits in the fourth quarter?
Arti Chavan made post

Why has Tata Consumer Products shown fall in profits in the fourth quarter?

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Rutuja Nigam answered.
1 month ago
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Let me clarify that while Tata Consumer saw fall in profits in the Mar-21 quarter on sequential basis, the company actually showed turnaround on yoy basis. That was largely due to base effect. Net profits sequentially fell 44% to Rs.133 crore in Mar-21 quarter.

Total revenues also fell 1% to Rs.3,037 crore while OPM contracted from 11.8% to 9%. Indian foods and beverages performed extremely well in terms of growth while international beverages lagged.

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