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TCPL has invested in a Komori Lithrone G640 press at its Greater Noida unit, which the company acquired in 2022. Saket Kanoria, managing director, TCPL demystifies the investment and the plans for Creative Offset Words: Rahul Kumar ....
While volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through better operational efficiency or productivity gains. Taking price rises, lowering ad spends and rationalising costs are the various levers used. ....
Tata Consumer Products anticipates a shift in focus from value growth to volume growth in the food and beverages sector as commodity costs stabilize. ....
TCPL: Our growth businesses keep on firing, overall a 42% growth and all the businesses are plus 40% now. EBITDA margins are now north of 15%, working capital down 7 days. We actually generated 40% more cash in Q3 this year versus Q3 last year. Close to 3,000 crores of cash was sitting on our balance sheet and I say was because we are going to use it now for the acquisitions. ....