Preview: India's Tata Consumer dips ahead of quarterly results

Tata Consumer Products

23/07/2025 06:40

** Tetley tea maker Tata Consumer Products TACN.NS drops 1.2% to 1,071.6 rupees ahead of quarterly results due later in the day

** Analysts, on avg, expect co to post a ~23% year-on-year increase in first-quarter consol profit at 3.56 billion rupees ($41.23 million) - data compiled by LSEG

** Analysts at Elara Capital said tea, biscuits and edible oils firms will likely benefit from higher pricing of products, while an increase in input costs will weigh on margins

** We expect TACN to post higher revenue growth on the back of strong foods and beverage demand as well as incremental gains from Capital Foods acquisition - KR Choksey Research

** Peers Hindustan Unilever HLL.NS and Nestle India NEST.NS are yet to announce quarterly earnings

** TACN, HLL rated "buy" on avg, NEST rated "hold" - the data

** Year-to-date, TACN up 17% vs a 6% rise in the benchmark Nifty 50 index .NSEI

($1 = 86.3490 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))