TATA CONSUMER PRODUCTS Earnings Update
Tata Coffee (inc Vietnam ex EOC) (-58% Subsidiary)
TATA COFFEE
TATA COFFEE
+11%#
FY22 Revenue
Growth
•
TATA CONSUMER PRODUCTS
Performance commentary
Revenue for the quarter grew 7%
led by coffee plantations & the
extractions business in Vietnam.
Revenue for the year continued on
a strong trajectory, up 11%, after
growing 14% in FY21.
•
Extractions
Overall extraction business grew
19% in FY22 driven by both Vietnam
extractions (premiumization and
higher volumes) and domestic
extractions, despite several
challenges in the operating
environment
Plantations
Growth in Robusta coffee and Pepper
revenue offset lower revenue in tea
plantations, where realizations came
off vs last year highs.
Tata Coffee Plantations - Gold
in the Occupation Health and Safety Category
with a 4.5 Star Rating
Tata Coffee, Theni - Gold
in the Environment Category
with a 4 Star Rating
Tata Coffee won
several awards for
Health & Safety and
Environment friendly
and sustainable
practices implemented
at its various units
Tata Coffee Instant
Coffee Division
(ICD) also received
Bronze Award for
HSE Excellence by
CII-SR
-3%
FY22 Plantations
Revenue Growth
+19%
FY22 Extractions
Revenue Growth
Other updates
Record production and sales in
Vietnam despite disruption caused
by COVID-induced lockdowns.
Vietnam plant operated at 98%
capacity utilization for the year
India extractions business (Instant
coffee division) recorded 2nd highest
ever sales.
Continued the focus on cost-saving
initiatives to mitigate some of the
inflationary pressures.
# Tata Coffee including Vietnam. Does not include EOC
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