Tata Consumer Products Profit Zooms


Tata Consumer Products, the maker of TATA Salt, TATA Tea, Tetley, Eight O' clock and Himalayan Water's First quarter profit up 80% at Rs 346 crores compared to 190 crores last year.

Looks like Tata consumer (Tata beverages) has immensely benefited from covid 19 crisis. People have consumed a lot of Tata products this quarter!

Company had acquired Nourishco beverages and as a result of which profit increased by 84 crores.

But at the same time the profit was reduced by Tata Starbucks due to the impact of COVID-19 on closure.

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