Tata Consumer Products Q2 Results FY25: Group Profit Rises by Just 1%

Tata Consumer Products Q2 Results FY25 reported 1% year-on-year growth in the consolidated net profit (including Joint Ventures and Associates). On the Tata Consumer Products Q2 results date which was October 18, 2024, the Tata Consumer Products share price closed at ₹1,093.25. On October 17, 2024, Tata Consumer Products share price closed at ₹1,090.15. So, let’s get into the details of the Tata Group’s consumer products line Q2 FY25 revenue, and segment performance.

Key Highlights of the Tata Consumer Products Q2 Results FY25

Here are the key highlights of Tata Consumer Products Q2 earnings and its YoY growth:

• Consolidated Revenue from Operations at ₹4,214 crores, up 13% YoY

• Consolidated EBITDA at ₹629 crores, up 11% YoY

• Group Net Profit at ₹367 crores, up 1% YoY from ₹364 crores in Q2 FY24
• Basic EPS at ₹3.98, up 5.9% YoY

Tata Consumer Products Q2 Results: Segment Performance

Here are the details of the different segment performance in the September Quarter of FY24, as mentioned in the Tata Consumer Products Q2 results.

India Beverages

• Revenue at ₹1,380 crores, up 3% YoY
• Volume declined by 4% YoY due to soft demand.
• Coffee revenue, up 29% YoY
• The new premium packs of Tata Tea Chakra Gold leaf were launched in Andhra Pradesh, Telangana, and Tamil Nadu.

India Foods

• Revenue at ₹1,368 crores, up 28% YoY
• Volume Growth of 1% YoY
• Value-added salts portfolio volume grew 26% YoY
• Tata Sampann grew up at 26% YoY
• In the Tata Sampann basket, whole spices were launched.

Ready-to-Drink (RTD)

• Revenue at ₹154 crores, down 11% YoY
• The company expanded its premium segments and launched Tetley Kombucha and Tata Coffee Grand cold coffee in Q2 FY25.

Capital Foods and Organic India

• The company’s newly acquired growth business segments are Capital Foods and Organic India. They have performed really well as mentioned in the Tata Consumer Products Q2 earnings 2024.
• Capital Foods Revenue at ₹206 crores, up 25% QoQ
• Organic India revenue at ₹102 crores, up 45% QoQ

Non-Branded Business

• Revenue at ₹462 crores, up 19% YoY
• EBIT Margin grew by 830 bps YoY.

Tata Starbucks (JV)

• Tata Starbucks is the largest organized cafe operator in India (in terms of store count) according to the Tata Consumer Products Q2 earnings for FY25.
• Revenue grew by 2% YoY
• Total Store count of 457, 19 New Stores Added in Q2 of FY25
• Presence in 70 cities, Entered in 5 new cities in Q2 FY25

International Business

• Revenue at ₹1,017 crores, up 7% YoY
• This was led by the revenue growth from the UK business and US tea businesses along with the rise in tea market share in Canada.

Conclusion

Tata Consumer Products Q2 results for FY25 had a positive overview with growth in market share of the salt business, Tata Sampann, and Tata Soulful. To achieve positive synergy, the company has successfully completed the merger of three wholly-owned subsidiaries in India: NourishCo, Tata Soulfull, and Tata SmartFoodz. In the last 1-year, Tata Consumer Products share price has delivered a return of 29.54% (as on October 18, 2024).

Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.

Reference

https://www.tataconsumer.com/sites/g/files/gfwrlq316/files/2024-10/Q2FY25%20Investor%20Presentation_vf.pdf

Author: All Content is verified by SMC Global Securities.