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The company's coffee business in India witnessed revenue growth of 45% in the quarter ended March, while its foods business grew by 20%
Deal valuation pegged between Rs 1,000-1,500 crore
The company had posted a consolidated net profit of Rs 108.89 crore in the year-ago period, Tata Global Beverages Ltd (TGBL) said in a regulatory filing
Brokerages revise earnings estimates, valuation multiples upwards
Company had posted a net profit of Rs 78.66 crore in April-June quarter a year ago