Tata Consumer Q1 profit rises 28%; Landmark Cars clears Ahmedabad MG showroom
Tata Consumer Products reported June-quarter net profit of Rs 427 crore, up 27.8% year on year, as revenue grew 11.9% to Rs 5,348.9 crore and EBITDA margin reached 13.5%. Vedant Fashions also posted higher profit, while Landmark Cars received an LoI for an MG Experia showroom in Ahmedabad.
Tata Consumer posted double-digit India branded-business growth and margin expansion in the June quarter. Vedant Fashions reported higher profit and revenue, while Landmark Cars secured approval to open an MG Experia dealership in Ahmedabad.
Why this matters
Recent signals showed TCPL's growth businesses reaching 36% of India sales and June-quarter revenue rising 12%. The latest results reinforce the company’s earnings momentum as newer brands outpace core beverages.
Retail-company signals are accelerating, up 564,200% QoQ.