Tata global bev net up 25%
HT Correspondent, Hindustan Times
Mumbai, January 31, 2013
First Published: 23:17 IST(31/1/2013)
Last Updated: 23:19 IST(31/1/2013)
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Riding on the back of improved sales for its tea and coffee business, Tata Global Beverages on Thursday reported a 25% surge in consolidated net profit to Rs. 80 crore for the quarter ended December. Total income surged 6% to Rs. 1,9328 crore.
“The growth in operating profits is led by
an unrelenting focus on margins, costs, innovation and execution,” said Harish Bhat, MD, Tata Global Beverages.