Thursday, 30 January 2014

Tata Global Beverages reports 49% rise in Q3 consolidated net profit

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

The company has reported 23.56% rise in its net profit at Rs 87.95 crore for the quarter as compared to Rs 71.18 crore for the same quarter in the previous year. Total income of the company increased 12.52% at Rs 768.90 crore for quarter under review, as compared to Rs 683.36 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 48.95% rise in its net profit at Rs 119.55 crore for the quarter as compared to Rs 80.26 crore for the same quarter in the previous year. Total income from operations of the group has increased by 8.66% at Rs 2095.69 crore for quarter under review as compared to Rs 1928.66 crore for the quarter ended December 31, 2012.

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