Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
Revenue from operations may rise 9% to Rs 3,779 crore and operating profit is likely to grow by a sharp 59.3% to Rs 723.20 crore. Sequentially, the net profit is seen declining 2.6% and revenue rising 1.2%, while operating profit may surge 35%.