Tata Coffee has posted a rise of 13.5 per cent in its profit after tax (PAT) for the December quarter at Rs 13.87 crore compared with Rs 12.22 crore in the previous corresponding quarter. Its income from operations during the period grew to Rs 76.46 crore from Rs 65.10 crore last year, up 17.45 per cent.
The company’s revenues from coffee products rose to Rs 55.33 crore from Rs 48.55 crore during the quarter while that of tea grew to Rs 18.09 crore from Rs 13.59 crore last year.
The earning per share (EPS) for December stood at Rs 7.48 against Rs 6.55 per share last year.
On the Bombay Stock Exchange, the company’s stocks closed on Monday at Rs 384.95, down 3.62 per cent.
