Tata Coffee Q2 Results: Net profit falls to Rs 56.70 crore

Tata Coffee Q2 Results: Tata Group company Tata Coffee reported a 151.14 per cent decline in consolidated net profit to Rs 56.70 crore for the second quarter ended September 30.

Tata Coffee Q2 Results: Net profit falls to Rs 56.70 crore
Pic: Reuters

Tata Coffee Q2 Results: Tata Group company Tata Coffee on Thursday reported a 151.14 per cent decline in consolidated net profit to Rs 56.70 crore for the second quarter ended September 30.

The company's consolidated net profit stood at Rs 142.40 crore a year ago, Tata Coffee said in a regulatory filing.

Also Read: Tata Communications Q2 Results: Net profit plunges 58% to Rs 221 crore

Its revenue from operations declined 3.10 per cent to Rs 695.95 crore during the quarter under review compared to Rs 718.26 crore in the year-ago period.

Shares of the company on Thursday closed at Rs 258.65 apiece, down 0.48 per cent on BSE.

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Written By: PTI
Updated: Thu, Oct 19, 2023
09:02 PM IST
PTI
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