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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)

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. 

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