27-Oct-2026 08:00:05
TATACONSUMGeneral news
CITI on Tata Cons : Buy, TP cut to Rs 1225
Delivered another strong quarter – consolidated revenue/ EBITDA grew 14%/17% Growth construct remained healthy: India underlying volumes grew 11%, salt volumes grew 9%, and growth businesses increased 40%, led by Sampann and RTD. While India tea segment revenue remained soft and domestic margins faced inflationary pressure (across tea, salt and other inputs), see a clearer margin-recovery path through 2HFY27E. Pricing actions across multiple categories are yet to flow through fully and should help mitigate India margin pressures. Stronger international and non-branded profitability provide further support at the consolidated level.
TATA CONSUMER PRODUCT LTD