Tata Consumer Products - Gross Margin Contraction In Q3 Weighs On Ebitda: Motilal Oswal
Range of Tata Consumer Products. (Photo: BloombergQuint)

Tata Consumer Products - Gross Margin Contraction In Q3 Weighs On Ebitda: Motilal Oswal

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Motilal Oswal Report

Tata Consumer Products Ltd.’s higher tea price impacted standalone gross margin by 840 basis point YoY to 30%.

The consolidated Ebitda margin was impacted by 100 basis point YoY to 11.8%. Consolidated Ebitda grew 14% YoY on the back of 23% revenue growth.

Performance across business segments has improved (Tata Coffee standalone and overseas operations and overseas Tea).

India food and beverage business showed double-digit volume growth.

Click on the attachment to read the full report:

Motilal Oswal Tata Consumer Products Q3FY21 Result Update.pdf

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