Tata Consumer Products Q4 Preview: Revenue likely to grow 11% led by India food unit

Tata Consumer Products Q4 results preview: Tata group company Tata Consumer Products is all set to report its financial results for the quarter ended March 2023 today, April 25.  According to Zee Business research, Tata Consumer Products' consolidated quarterly revenue is estimated at Rs 3,510 crore, an increase of 11 per cent compared with the corresponding period a year ago boosted by growth in its India foods business.

The net profit of Tata Consumer Products — whose popular brands include Tata Salt, Tetley, Tata Coffee, Tata Starbucks and Tata Sampann — is estimated at Rs 254 crore for the three-month period, which translates to an increase of six per cent on a year-on-year basis.  

Tata Consumer Products is expected to report a five per cent increase in earnings before interest, taxes, depreciation and ammortisation (EBITDA) to Rs 465 crore, according to the research.

The Tata Group company's margin — a key measure of a business's profitability, however, is estimated to shrink by 100 basis points on a year-on-year basis to 13 per cent. 

Analysts estimate the company's tea volumes to remain largely unchanged for the three-month period. 

Investors will closely track the Tata group firm's performance in its international business, where inflation is estimated to have hampered growth. 

Tata Consumer Products share price

Tata Consumer Products shares have lost about five per cent of their value in the past three months, a period in which the Nifty headline index has declined about two per cent. 

The stock trades at 445 times its estimated earnings for the year ending March 2024. 

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