Tata Consumer Q4 profit rises 22 pc to Rs 424 cr; revenue crosses Rs 20k cr in FY26

Tata Consumer Products Ltd TCPL on Friday reported a 21.6 per cent increase in its consolidated net profit to Rs 424.02 crore for the March quarter of FY26, led by volume growth. In the reporting quarter, TCPLs overall branded business surged 14.9 per cent to Rs 4,746 crore.

Tata Consumer Products Ltd (TCPL) on Friday reported a 21.6 per cent increase in its consolidated net profit to Rs 424.02 crore for the March quarter of FY26, led by volume growth. The company had posted a consolidated net profit of Rs 348.72 crore in the January-March quarter a year ago, the Tata group's FMCG arm said in a regulatory filing. Its revenue from operations rose 18 per cent to Rs 5,433.62 crore in the March quarter of FY26. It was Rs 4,608.22 crore in the year-ago period. This is the tenth consecutive quarter when TCPL has delivered ''a double-digit top-line growth'', sustaining the momentum, its Group Chief Financial Officer Ashish Goenka told PTI after earnings. ''The growth was volume-based and also very broad-based. India recorded a strong growth, almost a 16 per cent underlying volume growth.'' Total expenses of TCPL in the March quarter climbed 15.9 per cent to Rs 4,844.81 crore. In the March quarter, TCPL's revenue from the India business rose 13.32 per cent to Rs 3,327.91 crore in the fourth quarter of FY26. During the quarter, the Tea segment recorded a strong 4 per cent volume growth. ''Given the fact that tea prices have subsided, we have passed on the benefit to the consumer; therefore, the top-line came in at minus 1. But the volume was strong at 4 per cent growth. Salt is also having a great run,'' he said. Its RTD (ready-to-drink) business delivered its 3rd consecutive quarter of double-digit growth. The topline grew 23 per cent with a strong 28 per cent volume growth. TCPL also continued the pace of innovations, with 80 new launches in FY26 across Health & Wellness, Convenience and Premiumisation. ''What we had done in the last 3-5 years, we have now been able to do in the last 2 years. And our innovation to sales ratio, I would say, is one of the best in class,'' Goenka said. In the reporting quarter, TCPL's overall branded business surged 14.9 per cent to Rs 4,746 crore. It was Rs 4,130.4 crore in the corresponding quarter of the last fiscal. TCPL's branded businesses include tea, coffee, water and other various value-added businesses. The revenue from non-branded business was Rs 714.41 crore during the fourth quarter of FY26, up 42.7 per cent. This segment includes TCPL's plantation and extraction business of tea and coffee. Tata Consumer's total income, which includes other income, surged 17.6 per cent to Rs 5,486.18 crore. Its revenue from the international market was Rs 1,418.09 crore. ''The international business recorded strong performance with revenue growth of 21 per cent (11 per cent in constant currency) in Q4, reflecting the sustained strength of our execution across key markets,'' said Managing Director & CEO Sunil D'Souza. In the US market, Eight O'Clock coffee continued to gain market share, growing at more than double the category rate. Tata Starbucks -- a 50:50 joint venture between Tata Consumer Products Ltd and Starbucks Corporation -- also reported a third consecutive quarter of positive same-store sales growth (SSSG). It has around 7 per cent growth, Goenka said, adding that it has been sequentially improving. ''Overall health of the business has been improving. We had seen stress in the past quarters,'' he said. Tata Starbucks' footprint stands at 502 stores across 80 cities. However, Goenka said that because of geopolitical events during the quarter, export sales were significantly impacted. ''We had a huge decline in Capital Foods. For example, on the export portfolio, a lot of it also goes to the Middle East. And some of the shipments were impacted,'' he said. For the entire FY26, TCPL profit surged 20.17 per cent to Rs 1,546.8 crore. Its total consolidated income rose 14.84 per cent to Rs 20,455.18 crore. ''We delivered a strong finish to FY26 with another quarter of consistent double-digit topline growth. Performance was broad-based across our core and growth businesses, reflecting sustained momentum in execution, innovation and brand building,'' said D'Souza. The TCPL board has recommended a dividend of Rs 10 per equity share of Re 1 each (1,000 per cent) for FY 2025-26. Shares of Tata Consumer Products Ltd on Friday settled at Rs 1,175.95, up 2.04 per cent on BSE.