India's Tata Consumer Products rises after upbeat quarterly earnings

Tata Consumer Products

27/01/2026 08:26

** Tata Consumer Products TACN.NS rises as much as 4% to 1,200 rupees, top gainer among consumer goods stocks .NIFTYFMCG

** Q3 profit climbs 39%, helped by higher sales at its domestic foods business

** Tata Tea owner's revenue climbs 15%; sales of tea leaves, beverages in India up 7%

** However, bottomline hit by a one-time charge of 228.6 million rupees tied to India's recently enacted labour code

** TACN was up 1.3% before results

** Analysts tracking TACN rate it "buy" on average, same as other consumer peers - data compiled by LSEG

** Stock rose 30% in 2025

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))