Business Standard

Page 2 - Tata Consumer Products

Tata Consumer to strengthen distribution in smaller towns for growth: CEO

"Over a period of time, volume has come back. It is broadly in the ballpark. From a volume perspective, Q4 was slightly tough," says D'Souza

Tata Consumer to strengthen distribution in smaller towns for growth: CEO
Updated On : 25 Apr 2024 | 11:58 PM IST

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 Products: Focusing on performance of growth businesses key
Updated On : 25 Apr 2024 | 8:11 AM IST

Stocks to Watch, April 24: Axis Bk, HUL, Tata Consumer, MCX, IIFL Finance

Stocks to Watch on Wednesday, April 24, 2024: Axis Bank, Hindustan Unilever, LTIMindtree, The Indian Hotels Co., and AU Small Finance Bank are among the companies which will report Q4FY24 result today

Stocks to Watch, April 24: Axis Bk, HUL, Tata Consumer, MCX, IIFL Finance
Updated On : 24 Apr 2024 | 7:51 AM IST

Tata Consumer Products Q4 results: Net profit declines 19.3% to Rs 217 cr

The company's coffee business in India witnessed revenue growth of 45% in the quarter ended March, while its foods business grew by 20%

Tata Consumer Products Q4 results: Net profit declines 19.3% to Rs 217 cr
Updated On : 23 Apr 2024 | 8:08 PM IST

Tata Consumer Products Q4 results: Net Profit falls 19% to Rs 217 crore

Tata Consumer Products reported a consolidated revenue from operations at Rs 3,927 crore for Q4FY24, up 8.5% Y-o-Y

Tata Consumer Products Q4 results: Net Profit falls 19% to Rs 217 crore
Updated On : 23 Apr 2024 | 5:51 PM IST

Tata Consumer, ICICI Prudential Life among major Q4 results today

Mahindra & Mahindra Financial Services has deferred its Q4 earnings meeting and subsequent announcement due to fraud detected by the company

Tata Consumer, ICICI Prudential Life among major Q4 results today
Updated On : 23 Apr 2024 | 10:53 AM IST

Stocks to Watch, April 23: RIL, Paytm, Adani Ent, Patel Engg, Inox Wind

Stocks to Watch on Tuesday, April 23, 2024: Tata Consumer Products, ICICI Prudential Life Insurance, Tata Elxsi, Mahindra & Mahindra Finance, MCX are scheduled to announce their Q4FY24 results today

Stocks to Watch, April 23: RIL, Paytm, Adani Ent, Patel Engg, Inox Wind
Updated On : 23 Apr 2024 | 7:51 AM IST

New business to steer gains for Tata Consumer Products in growth aisle

Punchy valuations threaten to limit stock gains

New business to steer gains for Tata Consumer Products in growth aisle
Updated On : 10 Mar 2024 | 10:22 PM IST

Tata Consumer to continue growing portfolio in pantry platforms and liquids

Krishnakumar added that when it looks at categories within foods it tries to see if those are the categories it wants to operate in

Tata Consumer to continue growing portfolio in pantry platforms and liquids
Updated On : 04 Mar 2024 | 11:22 PM IST

Tata Consumer Q3 result: Profit rises 27% to Rs 513 crore on festive demand

The company reported a consolidated profit before exceptional items and tax of 5.13 billion rupees ($61.8 million) in the quarter ended Dec. 31, up 27% from the year-ago period

Tata Consumer Q3 result: Profit rises 27% to Rs 513 crore on festive demand
Updated On : 07 Feb 2024 | 11:22 PM IST

Tata Consumer Products to raise $782 mn through issue of commercial papers

Tata Consumer Products said on Friday it will raise up to 65 billion rupees (about $782 mn) through issue of commercial papers and rights issue of shares

Tata Consumer Products to raise $782 mn through issue of commercial papers
Updated On : 19 Jan 2024 | 11:54 AM IST

No rebranding plans for Ching's Secret, Smith & Jones, Organic India: Tata

Tata Consumer is set to acquire a controlling stake in Organic India at a valuation of Rs 1,800 crore and a 75 per cent stake in Capital Foods at a valuation of Rs 5,100 crore

No rebranding plans for Ching's Secret, Smith & Jones, Organic India: Tata
Updated On : 18 Jan 2024 | 9:48 AM IST

Tata Consumer Products plans Rs 3,500 cr rights issue for acquisitions

TCPL aims to diversify into high-margin, value-added food segments beyond commodities through its acquisitions of Capital Foods and Organic India, valued at Rs 7,000 crore

Tata Consumer Products plans Rs 3,500 cr rights issue for acquisitions
Updated On : 15 Jan 2024 | 10:34 AM IST

Will look for more organic, inorganic buys: Tata Consumer Products MD & CEO

Tata Consumer Products announced that it has signed pacts to acquire Capital Foods and Organic India, Sunil D'Souza talks about the reason behind both acquisitions

Will look for more organic, inorganic buys: Tata Consumer Products MD & CEO
Updated On : 14 Jan 2024 | 10:57 PM IST

TCPL to fund 2 acquisitions with cash reserve, bridge financing: MD D'Souza

Tata Consumer Products (TCPL) would fund its acquisitions of Capital Foods Ltd and Organic India Ltd having a combined enterprise value of Rs 7,000 crore, through internal cash reserve and bridge financing, MD and CEO Sunil D'Souza said on Sunday. Both the acquisitions operate in areas which offer "huge runway for growth", where margins are "far accretive" and business is growing at a healthy pace, he said. Besides, TCPL will continue to strengthen its portfolio in the food & beverage segment organically to fill the gaps but it will also scout for inorganic growth opportunities if someone offers a better brand, technology and team, he added. Last Friday, TCPL announced complete acquisition of Capital Foods, which owns brands like Ching's Secret and Smith & Jones, at an enterprise valuation of Rs 5,100 crore and Fab India-backed Organic India, which operates in the health and wellness category, at an enterprise value of Rs 1,900 crore. The Tata Group FMCG arm would fund half of

TCPL to fund 2 acquisitions with cash reserve, bridge financing: MD D'Souza
Updated On : 14 Jan 2024 | 3:54 PM IST

Rs 7,000 crore deals: Tata Consumer acquires Capital Foods, Organic India

The company said Smith & Jones is a fast-growing brand catering to in-home cooking of Italian and other Western cuisines

Rs 7,000 crore deals: Tata Consumer acquires Capital Foods, Organic India
Updated On : 13 Jan 2024 | 12:12 AM IST

Organic India, Ching's Secret to be acquired by Tata Consumer: Report

TCPL will acquire the controlling stake in Organic India at a valuation of Rs 1,800 crore. The valuation of Capital Foods is expected to be Rs 5,100 crore

Organic India, Ching's Secret to be acquired by Tata Consumer: Report
Updated On : 12 Jan 2024 | 10:42 AM IST

FMCG cos to witness low topline growth in Q3, volume growth to remain soft

Also, during the year, companies resorted to cutting prices of their products as commodity prices softened, thus also having restricted the growth in revenue in the quarter

FMCG cos to witness low topline growth in Q3, volume growth to remain soft
Updated On : 04 Jan 2024 | 1:07 PM IST

Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger

Tata Coffee, Tata Consumer and its wholly-owned subsidiary TCPL Beverages and Foods merger to be effective from January 01, 2024; Record date for share swap set as January 05.

Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger
Updated On : 29 Dec 2023 | 10:49 AM IST

Tata Coffee, Tata Consumer Products merger to be effective from January 1

Tata Coffee will merge with Tata Consumer, TCPL Beverages on January 1, the company said in its exchange filing on Thursday

Tata Coffee, Tata Consumer Products merger to be effective from January 1
Updated On : 29 Dec 2023 | 10:10 AM IST