Tata Consumer Products Q3 FY26: Revenue Up 15%, Consolidated Profit +36%

Mumbai:  Tata Consumer Products Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The results were approved by the Board of Directors at a meeting held today.

Standalone Performance

• Revenue from Operations: ₹3,684 crore for Q3 FY26, up 15% year-on-year, driven by growth in both branded and non-branded businesses.

• Profit Before Tax (PBT): ₹435 crore, including exceptional items of ₹18 crore related to profit on sale of non-core assets and impact of new labour codes.

• Net Profit: ₹321 crore, slightly lower than the previous year due to the absence of dividend income from overseas subsidiaries.

• Operating Margin: 11.5%, with improved margins in branded business offset by lower non-branded business profitability.

Exceptional Items: Rs 35 crore profit from sale of non-core assets and Rs 17 crore impact of New Labour Codes.

Consolidated Performance

• Revenue from Operations: ₹5,112 crore for Q3 FY26, up 15% year-on-year.

• Group Consolidated Net Profit: ₹385 crore, an increase of 36% over Q3 FY25, driven by higher operating profits and lower finance costs.

• Total Comprehensive Income: ₹466 crore, reflecting robust growth in branded businesses across India and international markets.

Segment Highlights

• Branded Business (India): Revenue ₹3,203 crore, with strong tea, coffee, and packaged food sales.

• Branded Business (International): Revenue ₹1,400 crore, driven by overseas tea and coffee sales.

• Non-Branded Business: Revenue ₹547 crore, including plantation and extraction activities.

Balance Sheet & Financial Ratios

• Net Worth: ₹22,141 crore (consolidated), up from ₹20,643 crore last year.

• Debt-to-Equity Ratio: 0.11, indicating a low leverage profile.

• Current Ratio: 1.62, showing healthy liquidity.

• Operating Margin: 10.5% (consolidated), Net Profit Margin: 7.5% (consolidated).

Outlook

Tata Consumer Products continues to expand its branded product portfolio in India and international markets, while improving operational efficiencies. The company has accounted for the incremental impact of the newly notified Labour Codes, disclosed as exceptional items due to their non-recurring nature.

Corporate & Auditor Review:
The results were reviewed by Deloitte Haskins & Sells LLP, and a limited review has been conducted for all subsidiaries and associates, as required under SEBI Listing Regulations.