India's Tata Consumer Products beats quarterly profit view on packaged food demand
26/10/2026 11:13
India's Tata Consumer Products beats quarterly profit view on packaged food demand Oct 26 (Reuters) - India's Tata Consumer Products TACN.NS reported a better-than-expected second quarter profit on Monday, helped by steady demand for its packaged foods and beverages as the company expands beyond its traditional tea and salt businesses.
The maker of Tata Salt and Tetley tea posted a consolidated net profit of 4.69 billion rupees ($49.26 million) for the quarter ended September 30, compared with 4.04 billion rupees a year earlier.
Analysts, on average, had expected a profit of 4.66 billion rupees, according to data compiled by LSEG.
($1 = 95.2100 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Harikrishnan Nair)
((Surbhi.Misra@thomsonreuters.com || www.linkedin.com/in/surbhi-misra9/;))
Recent news on Tata Consumer Products
See all newsIndia's Tata Consumer jumps most in nearly 19 months; broker upgrades cite margin improvement (updated)
India's Tata Consumer rises as brokerages upgrade stock on growth, margin outlook
Brief: Tata Consumer Products Exec Says Starbucks India Traffic Grew Nearly 10% In Q2
India's Tata Consumer Products beats quarterly profit view on packaged food demand (updated)
India's Tata Consumer Products beats quarterly profit view on packaged food demand