Tata Consumer Products’ revenue soars 16%, but what’s behind the profit slump?

By on    Retail Industry News  

Tata Consumer Products’ revenue soars 16%, but what’s behind the profit slump?

Tata Consumer Products Ltd. has announced robust financial results for the quarter ended June 30, 2024, showing a significant 16% increase in revenue from operations, reaching ₹4,352 crores. Despite this impressive top-line growth, the company faced challenges that impacted its profit margins and net earnings. Key Financial Highlights For the first quarter of FY25, Tata […]

Tata Consumer Products to acquire Ching’s Secret and Smith & Jones owner Capital Foods

By on    Food Industry News  

Tata Consumer Products to acquire Ching’s Secret and Smith & Jones owner Capital Foods

In a major development in the food and beverage industry, Tata Consumer Products has announced the acquisition of 100% equity shares of Capital Foods, the owner of popular brands ‘Ching’s Secret’ and ‘Smith & Jones’, in a phased manner. This move signifies Tata Consumer’s ambitious expansion into fast-growing and high-margin categories. The acquisition deal, involving […]