Tata Consumer Products: Focusing on performance of growth businesses key

After the acquisition of Capital Foods and Organic India, Tata Consumer needs to derive synergies, expand distribution, and increase throughput per store

Tata Consumer reported Q4 results which were more or less in line with analyst consensus but disappointed the market. The company is going through a process of reorganisation after the amalgamation of Tata Coffee and the acquisition of Organic India and Capital Foods.

The Q4FY24 revenue was Rs 3,930 crore, up 8.5 per cent year-on-year (Y-o-Y) in Q4FY24, while the operating profit margin improved 190 basis points Y-o-Y to 16 per cent, driven by a better gross margin (up 430 basis points) of 46.1 per cent vs 41.8 per cent Y-o-Y. The operating profit rose 23 per cent Y-o-Y to