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Tata Consumer Products reports 23% fall in Q4 consolidated net profit
Apr-23-2024

Tata Consumer Products has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 46.94% fall in its net profit at Rs 144.81 crore for the quarter under review as compared to Rs 272.92 crore for the same quarter in the previous year. However, total income of the company increased by 14.29% at Rs 2699.22 crore for Q4FY24 as compared Rs 2361.77 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 22.53% fall in its net profit at Rs 267.71 crore for fourth quarter ended March 31, 2024 as compared to Rs 345.58 crore for the same quarter in the previous year. However, total income of the company increased by 7.93% at Rs 3965.39 crore for Q4FY24 as compared Rs 3,674.03 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 12.44% fall in its net profit at Rs 980.58 crore as compared to Rs 1,119.93 crore for the previous year. However, total income of the company increased by 10.69 % at Rs 10218.23 crore for year under review as compared to Rs 9,231.04 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 3.38% fall in its net profit at Rs 1300.99 crore as compared to Rs 1,346.52 crore for the previous year. However, total income of the company increased by 10.75% at Rs 15451.47 crore for year under review as compared to Rs 13952.04 crore for year ended March 31, 2023.


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