Tata Consumer Products Ltd - 500800 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication pertaining to financial results of the Company.24-04-2024
24-04-2024
Tata Consumer Products Ltd - 500800 - Audio Recording Of Conference Call Pertaining To Financial Results For The Quarter And Year Ended March 31, 2024
Audit Recording of Conference Call pertaining to Financial Results for the quarter and year ended March 31, 202424-04-2024
Tata Consumer Products Results Earnings Call for Q4FY24
Conference Call with Tata Consumer Products Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.24-04-2024
Tata Consumer Q4 Results Review: Non-Branded Business To Drive Margins
Net profit of the Tata-group unit was down 22.5% YoY at Rs 267.71 crore during the quarter ended March 2024. The company has reported an exceptional loss of Rs 216 crore related to an acquisition.24-04-2024
Tata Consumer Products Ltd - 500800 - Announcement under Regulation 30 (LODR)-Change in Management
The Company has informed the Exchanges about change in Senior Management Personnel23-04-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Tata Consumer Products Ltd.
Tea & Coffee manufacturing company Tata Consumer Products announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue Growth: The quarter saw revenue from operations at Rs 3,927 crore, marking a 9% increase. EBITDA Performance: EBITDA for the quarter was at Rs 631 crore, a 22% increase. Profit Before Exceptional Items: The quarterly profit before exceptional items was Rs 509 crore, up by 12%. Group Net Profit: Profits before exceptional items for the group at Rs 427 crore in the quarter, had a notable 46% rise due to strong operational performance and one-time tax credits. FY24 Financial Highlights: Revenue Growth: The annual revenue stood at Rs 15,206 crore, registering a 10% growth. EBITDA Performance: The year's EBITDA was at Rs 2,323 crore, up 24%. Profit Before Exceptional Items: The annual profit before exceptional items figure reached Rs 2,023 crore, showing a 24% increase. Business Updates: India: Packaged Beverages: Revenue growth of 2% was delivered in this sector for the quarter. Market Leadership: The company continued to hold the lead in the E-commerce tea market. Coffee Segment: A significant 45% growth in revenue was recorded for the quarter. Premium Segments: The premium and sub-premium segments accounted for over two-thirds of India Tea revenue, showing strong results. International: The international business observed a 7% revenue growth (+5% in constant currency) during the quarter. Tata Starbucks Store Expansion: There was a net increase of 29 new stores in the quarter, entering six new cities. The total reached 421 stores across 61 cities. Commenting on the results, Sunil D'Souza, Managing Director & CEO of Tata Consumer Products said, “We delivered good topline growth of 10% in FY24, but importantly an EBITDA growth of 24% and significant expansion in EBITDA margin. During the year, we recorded growth in India tea and salt businesses. Our premiumization agenda continues to progress well with the premium portfolio in both tea and salt showing good growth and contributing to an increasing share of the overall portfolio. Our growth businesses (Tata Sampann, RTD, Tata Soulfull, Tata SmartFoodz) continued their strong growth trajectory with a revenue growth of 40% in FY 24. Tata Starbucks made consistent progress in its expansion agenda with a store footprint spanning 61 cities. We also delivered strong performance in our International markets, along with significant margin improvement. The UK business saw its EBITDA margin touch historic highs led by restructuring initiatives taken during the year. In India, we solidified our Sales & Distribution infrastructure; our total reach has expanded to 4 million outlets as of March ’24. We implemented split routes in all 1 million + population towns and have seen significant improvement in assortment and growth. We are strengthening our Rurban focus and are deepening reach into rural areas. Alternate channels (modern trade and e-commerce) recorded significant momentum and continue to be strong growth drivers. We significantly accelerated innovation momentum to cater to key consumer trends such as Health & Wellness, Premiumisation and Convenience. On an average, in FY24, we launched a new product almost every seven days. There has been a step change in our Digital Transformation agenda with the launch of a best-in-class commodity procurement platform as well as a Go-to-market platform leveraging AI. This will enable greater agility; better decision making and help drive business growth. Our recently announced acquisitions- Capital Foods and Organic India will be significant value creators for the company, enabling expansion into high growth, high margin categories. The front end and back-end integration for Capital Foods was completed within 60 days of transaction close. The transaction for Organic India closed on 16th April and we will focus on fast tracking integration of the business to unlock value.” Result PDF23-04-2024
Tata Consumer Products Ltd - 500800 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Company has informed Exchanges about the press release dated April 23, 202423-04-2024
Tata Consumer Products Ltd - 500800 - Announcement under Regulation 30 (LODR)-Investor Presentation
Tata Consumer Products Limited has informed the Exchanges regarding Investor''s Presentation for the quarter and year ended March 31, 2024.23-04-2024
Tata Consumer Products Ltd - 500800 - Corporate Action-Board approves Dividend
The Board of Directors of the Company at its meeting held on April 23, 2024, inter-alia, considered and recommended Final Dividend of Rs.7.75 per equity share of Rs. 1 /-each fully paid up for the financial year ended March 31, 202423-04-2024