Tata Consumer Products Ltd (TCPL) reported strong earnings for the September quarter, driven by a surge in demand for its portfolio of emerging food brands that are rapidly reshaping the company’s India business.
The company said its ‘Growth’ segment—which includes Tata Sampann, Tata Soulfull, Capital Foods, and Organic India—expanded 27 per cent year-on-year and now contributes 32 per cent to its domestic revenue mix. Tata Sampann remained the standout performer, posting a 40 per cent sales jump on the back of growing demand for packaged pulses, spices, and ready-to-cook foods.
Tata Soulfull continued to build on the consumer shift toward millet-based snacking and breakfast options, while Capital Foods, which owns Ching’s Secret and Smith & Jones, maintained steady growth despite temporary disruptions linked to the GST transition. Organic India also saw stable momentum in its health and wellness offerings.
For the quarter ended September 30, consolidated revenue from operations rose 18 per cent to ₹4,966 crore. Group net profit increased 11 per cent to ₹407 crore, while EBITDA grew 7 per cent to ₹675 crore. The company said both its branded and non-branded international businesses registered healthy performances, growing 9 per cent and 26 per cent respectively in constant currency terms.
Tata Consumer’s Ready-to-Drink beverages division clocked 25 per cent growth despite unseasonal rains that impacted consumption in several markets. The company also introduced 25 new products across its portfolio, focusing on health, convenience, and premium categories.
Chief Executive Sunil D’Souza said the company delivered its second consecutive quarter of double-digit growth in its core tea and salt categories, while Tata Starbucks expanded its footprint to 492 outlets across 80 cities, strengthening its presence beyond metro markets.
