Wednesday 22 January 2014

Tata Coffee reports 45% rise in Q3 consolidated net profit

Tata Coffee has reported results for third quarter ended December 31, 2013.

The company has reported 26.47% fall in its net profit at Rs 21.47 crore for the quarter as compared to Rs 29.20 crore for the same quarter in the previous year. However, total income from operations of the company has increased by 0.74% at Rs 153.26 crore for quarter under review as compared to Rs 152.12 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 44.98% rise in its net profit at Rs 37.66 crore for the quarter as compared to Rs 25.98 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 6.25% at Rs 391.93 crore for quarter under review as compared to Rs 418.09 crore for the quarter ended December 31, 2012.

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