Tata Consumer Products reported a 5 per cent rise of its consolidated net profit to Rs 286 crore in the quarter ended September on a year-on-year basis. Profit before exceptional items and tax was at Rs 364 crore, also higher by 5 per cent on account of improved gross margin partly offset by higher spends behind brands.
The company's revenue from operations increased by 9 per cent (8 per cent in constant currency terms) from the corresponding quarter of the previous year, mainly driven by growth of 14 per cent in the beverages segment and 23 per cent in the