Tata Consumer Q4 net profit falls 19% to Rs 217 cr, firm declares dividend of Rs 7.75 per share

Key points

• Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31. Tata Consumer reports Rs 217 crore net profit in Q4 TT TT NSE/BSE Select NSE LIVE BSE LIVE Day High Day Low Volume (NSE) More × Tata Consumer Products Ltd, the owner of Tetley tea and Ching's Secret noodles brands, reported a net profit (attributable to owners) of Rs 217 crore for the fiscal fourth quarter, a fall of 19 percent from Rs 269 crore in the year-ago period.
• Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31, Tata Consumer said in an exchange filing on April 23. Revenue was largely in line but profit missed estimates.
• An average of six brokerage polled by Moneycontrol had pegged a revenue growth of 4.8 percent on-year at Rs 3,989 crore.
• The bottom line was expected to grow 13.4 percent to Rs...