Tata Global Beverages’ Net Profit Rises 47% in the First Quarter

Tata Global Beverages Ltd.’s net profit grew 47 percent to Rs 126.3 crore in the first quarter from the same period last year.

Total income grew 3.7 percent year-on-year to Rs 1,734 crore, the company informed in a filing on the stock exchanges.

Earnings before interest, tax, depreciation and amortisation grew 30 percent to Rs 238.49 crore. EBITDA margin expanded to 13.8 percent from 10.9 percent, the filing added.

Here is a break down of the company’s segmental revenue:

• Revenue from tea brands stood at Rs 1,213 crore, declining from Rs 1,288 crore in the same period last year.
• Revenue from coffee was Rs 296.6 crore from Rs 245.65 crore in the same quarter last year.
• Revenue from other segments came in at Rs 6.77 crore, down from Rs 7.34 crore on a year-on-year basis.