FMCG major Tata Consumer Products Ltd (TCPL) on Wednesday reported a 64.28 per cent increase in its consolidated net profit at ₹348.72 crore in the fourth quarter ended March 2025, after adjusting for an exceptional item that had dragged down profit in the same period of FY24.
The company had posted a consolidated net profit of ₹212.26 crore in the January-March quarter a year ago, hobbled by an exceptional charge of ₹215.8 crore.
Revenue from operations rose by 17.34 per cent to ₹4,608.22 crore during the quarter under review. It was at ₹3,926.94 crore in the year-ago period.
“Most of our business unit categories have done well this quarter. If I look at the core categories, tea of course has been a good story in the whole of the second half,” TCPL group chief financial officer Ashish Goenka said.
The India beverages’ business revenue grew 18.43 per cent to ₹2,936.72 crore, while its international business was up 13.41 per cent to ₹1,193.68 crore.
SBI general insurance
SBI General Insurance on Wednesday reported a more than two-fold jump in net profit to ₹509 crore for the 2024-25 financial year. The non-life subsidiary of SBI had recorded a net profit of ₹240 crore a year ago.
