TATA CONSUMER PRODUCTS Earnings Update
Highlights - for the quarter ended Mar 22
Revenue from
operations
EBITDA
Standalone
1,850
98
+5%
(in Cr)
Consolidated
(in Cr)
138
3,175
1,948
3,037
+5% [6%]*
Q4FY21
Growth
Q4FY22
Q4FY21
Growth
Q4FY22
141
458
146
288
317
142
+102%
+45%
Q4FY21
Growth
Q4FY22
Q4FY21
Growth
Q4FY22
# [like for like growth net of International food service business exits]
TATA CONSUMER PRODUCTS
REVENUE:
Revenue at Rs 3,175 Crs, net of exits +6% (at
constant currency +6%)
•
India Branded Business +6%
•
International Business (U/L +6%), net of
exits
Non branded Business +6% (U/L)
EBITDA at Rs 458 Crs, (+45%)
•
India Branded - Gross Margin improvement
in
India Beverages partly offset by
inflationary headwinds in India Foods, and
investment in new businesses.
•
International Business
-
improved margins,
lower weight of A&P and other expense.
Non-Branded lower margin, mainly led by
lower realization in tea plantations.
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