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Tata Consumer Q4 PAT stands at Rs 133 cr


Tata Consumer Products consolidated net profit stood at Rs 133.34 crore in Q4 FY21 compared with net loss of Rs 50.21 crore in Q4 FY20.The company reported an exceptional loss of Rs 63.93 crore during the quarter. It mainly represents the costs relating to the business restructure and re-organisation of Rs 18 crore and loss on disposal of an overseas subsidiary/joint venture of Rs 46 crore.
Net sales soared 26.28% (24% in constant currency) to Rs 3,037.22 crore in Q4 FY21 from Rs 2,405.03 crore in Q4 FY20, mainly driven by strong volume and value growth in the India Food & Beverage business.
Profit before exceptional items and tax at Rs 262 crore in Q4 FY21 is higher by 6%, as compared to corresponding quarter of the previous year, mainly on account of tea cost inflation in India and higher investment behind brands which partly offset the revenue growth and strong control on overheads. ....

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For Tatas, Chandra's 5th year at the helm may be best yet - The Hindu BusinessLine


For Tatas, Chandra’s 5th year at the helm may be best yet
N Chandrasekaran   -  PAUL NORONHA×
Out of over ₹8.6-lakh cr market cap added over 4 years, 85% has come from TCS, Tata Motors, Tata Steel and Titan
When N Chandrasekaran took charge of Tata Sons in 2017, he had spelt out three broad areas of focus bringing the group closer together under ‘One Tata’ strategy, driving operating performances, and enabling greater rigour to capital allocation policies. Four years on, Chandra has laid the foundation for Tata group’s next phase of growth with a number of big-ticket moves including the rollout of its e-commerce super-app platform, a big thrust to the electric vehicle segment, healthcare, and high-tech manufacturing. ....

Mitul Shah , Varun Ginodia , Rajesh Kurup , Suraj Ghosh , Puneet Chatwal , Sachin Khanna , Suresh Iyengar , Rukshad Davar , Gaurav Garg , Koushik Jagathalaprathaban , Head Of Research , Institutional Desk Reliance Securities Ltd , Tata Group , Ma Practice Group , Indian Hotels , Capitalvia Global Research , Tata Motors , Air India , Tata Realty , Tata Motor , Tata Steel , Tata Sons , One Tata , Practice Group , Tata Steel Netherlands , Tata Steel United Kingdom ,

Tata Consumer Products, Ajanta Pharma, Adani Enterprises in focus


Tata Consumer Products consolidated net profit rose 29% to Rs 237 crore on 23% rise in revenue from operations to Rs 3070 crore in Q3 December 2020 over Q3 December 2019.
Ajanta Pharma s consolidated net profit jumped 64.23% to Rs 176.63 crore on 13.27% rise in total income to Rs 754.22 crore in Q3 December 2020 over Q3 December 2019.
Adani Enterprises informed that the company has incorporated a wholly owned subsidiary namely, Azhiyur Vengalam Road, on 1st February 2021 to carry out the development, maintenance and management of the project in Kerala.
Shares of Home First Finance Company will debut on the bourses today. The issue was sold in the price band of Rs 517-518 apiece. ....

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