Tata Consumer Q4 Net Profit Falls 19% to Rs 217 cr

Tata Consumer Products reported a 19% decline in its net profit for the fourth quarter ended March 31, with a profit of Rs 217 crore. Despite the decline in net profit, the company's revenue saw an increase of 8.5% to Rs 3,927 crore during the same period.

The company's board of directors has declared a dividend of Rs 7.75 per share, which is subject to the approval of the shareholders. The dividend payout is a positive move, considering the current market conditions and the company's financial performance.

  • Revenue increased by 8.5% to Rs 3,927 crore in Q4
  • Net profit declined by 19% to Rs 217 crore in Q4
  • Dividend declared at Rs 7.75 per share

The company's financial performance in the fourth quarter was impacted by various factors, including rising input costs and intense competition in the market. However, the company's management remains optimistic about its future growth prospects, driven by its strong brand portfolio and expanding distribution network.

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Tata Consumer Products is one of the leading consumer goods companies in India, with a diverse portfolio of brands across categories such as beverages, foods, and personal care. The company has been focusing on expanding its presence in the e-commerce space and strengthening its digital capabilities to stay ahead of the competition.