Tata Consumer Products Q2 PAT climbs 16% YoY to Rs 470 cr
Profit before exceptional items and tax increased 20.83% YoY to Rs 632.28 crore in Q2 FY27. Exceptional items stood at Rs 7.37 crore during the quarter.
Consolidated EBITDA rose 18% YoY to Rs 794 crore, supported by strong underlying volume growth in the India business and disciplined execution.
The India branded business recorded underlying volume growth of 11% during the quarter, led by strong salt volumes. The company's growth businesses expanded 40% YoY and accounted for 38% of its India business.
Within the India business, salt revenue grew 15% during the quarter, supported by strong volume growth. India tea volumes were flat amid subdued category demand; revenue declined marginally as the volume-value gap narrowed following pricing actions. Tata Sampann recorded 57% revenue growth, while the ready-to-drink (RTD) business grew 47%, driven by distribution expansion, premiumisation and product innovation.
Capital Foods and Organic India reported combined revenue growth of 15% during the quarter, impacted by shipping disruptions in the export business. However, domestic revenue for the two businesses grew 24%.
The international business recorded 7% revenue growth, while revenue declined 2% in constant currency terms, against a high base in the corresponding period last year.
Tata Starbucks recorded 15% revenue growth during the quarter, marking a multi-quarter high, supported by strong same-store sales growth. The joint venture ended the quarter with 505 stores across 81 cities in India after opening seven net new stores.
The company launched 22 new products during the quarter across health and wellness, convenience and premiumisation categories.
Sunil D'Souza, managing director and CEO of Tata Consumer Products, said, ?We delivered our second consecutive quarter of double digit revenue growth in FY27, backed by strong underlying volume growth in India business. This volume-led performance, together with disciplined execution, drove 18% EBITDA growth.
Our portfolio transformation continues to gain momentum. Growth businesses grew 40% and now account for 38% of the India business. Tata Sampann has delivered excellent growth across its core pulses and spices as well as its newer categories- cold pressed oils and dry fruits. The Ready-To-Drink business delivered broad based growth across categories backed by distribution expansion and its strong innovation agenda
Our innovation momentum continues with 22 new launches in Q2 spanning key consumer trends across categories in line with our consumer-first mindset. Tata Starbucks delivered strong revenue growth, a multi-quarter high, and recorded its fifth consecutive quarter of positive same-store sales growth.
We are also advancing our digital transformation agenda with AI-led initiatives across sales and operations, to enhance productivity.?
Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The company?s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks, and mini meals.
The counter declined 2.44% to end at Rs 936.60 on the BSE.
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