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Motilal Oswal Report
Tata Consumer Products Ltd.'s higher tea price impacted standalone gross margin by 840 basis point YoY to 30%.
The consolidated Ebitda margin was impacted by 100 basis point YoY to 11.8%. Consolidated Ebitda grew 14% YoY on the back of 23% revenue growth.
Performance across business segments has improved (Tata Coffee standalone and overseas operations and overseas Tea).
India food and beverage business showed double-digit volume growth.
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