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TATACONSUM — Tata Consumer Products News Story

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India's Tata Consumer Products beats first-quarter profit view on steady beverage, food demand

India's Tata Consumer Products beats first-quarter profit view on steady beverage, food demand

- India's Tata Consumer Products TACN.NS reported a bigger-than-expected quarterly profit on Friday, helped by resilient demand for its beverages and packaged foods businesses.

The Tata Salt maker's consolidated net profit rose 27.84% year-on-year to 4.27 billion rupees ($44.22 million) in the three months ended June 30, above analysts' estimate of 4.20 billion rupees, per data compiled by LSEG.

($1 = 96.5625 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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