Tata Global Beverages profit before tax at Rs 192 cr in Q2, net down 17%

The Tata group company said its revenue from operations was driven by improvement in branded and non-branded business both in India and globally

Tata Global Beverages, part of the Tata group, on Wednesday said its profit before tax for the quarter ended September 30 stood at Rs 191.55 crore —  1.4 per cent growth over the year-ago period. The company's net profit stood at Rs 152.47 crore, a decline of 17 per cent on a year-on-year (y-o-y) basis and lower than analyst expectation of around Rs 170 crore.

The Tata Group company said its revenue from operations was driven by an improvement in branded and non-branded business both in India and globally. “The India business recorded continued value and volume growth. Our flagship brands