Tata Consumer Q4 net profit falls 19% to Rs 217 cr; declares Rs 7.75 dividend

Tata Consumer Products posted a 19% YoY drop in Q4 net profit to Rs 217 crore even as revenue rose 8.5% to Rs 3,927 crore. The company declared a dividend of Rs 7.75 per share for the year ended March 31.

— Filed Tue, 23 Apr, 2024, 16:27 IST · Source Moneycontrol · News Web · Updated

Tata Consumer Products' Q4 net profit fell 19% YoY to Rs 217 crore while revenue rose 8.5% to Rs 3,927 crore. The company declared a dividend of Rs 7.75 per share.

Why this matters

The profit dip comes as Tata Consumer pushes for a 17% Ebitda margin in three years via GT revamp and quick-commerce, while betting on hydration and RTD tea-coffee for its next growth leg.

Retail-company signals are accelerating, up 417700% QoQ.

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