India's Tata Consumer misses first-quarter profit view
23/07/2025 12:47
July 23 (Reuters) - India's Tata Consumer Products TACN.NS missed first-quarter profit estimates on Wednesday, as elevated tea prices pressured the company's margins. Net profit came in at 3.34 billion rupees ($38.7 million) for the quarter ended June, compared with analysts' average estimate of 3.56 billion rupees, according to data compiled by LSEG. ($1 = 86.3850 Indian rupees) (Reporting by Ananta Agarwal and Hritam Mukherjee in Bengaluru; Editing by Maju Samuel) ((Ananta.agarwal@thomsonreuters.com;))
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