Tata Consumer Products Q2 FY27 Results: Consolidated Net Profit ₹467 Crore on Total Income of ₹5,700 Crore
Earnings
Tea, coffee and food products
Blacklitt Research3 min read
Germain92, via Wikimedia Commons (CC0). Illustrative image.
Tata Consumer Products (NSE: TATACONSUM) reported consolidated total income of ₹5,699.70 crore and consolidated net profit of ₹467.23 crore for the quarter ended 30 Sep 2026, it said in a filing on 26 Oct 2026. Standalone total income was ₹4,230.37 crore and standalone net profit ₹242.81 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹5,699.70 crore, up 13.9% YoY and 5.1% QoQ
Net profit: ₹467.23 crore, up 17.7% YoY and 5.0% QoQ
EPS: ₹4.75 basic, against ₹4.09 a year earlier
Revenue growth: 14% YoY (11% in constant currency), per company note
Standalone
The company on its own, without its subsidiaries
Total income: ₹4,230.37 crore, up 16.7% YoY and down 5.1% QoQ
Net profit: ₹242.81 crore, down 14.9% YoY and 66.0% QoQ
EPS: ₹2.45 basic, against ₹2.88 a year earlier
Exceptional items: ₹64.37 crore pre-tax loss in the quarter
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
5,699.70
5,003.91
+13.9%
5,420.82
+5.1%
Revenue from operations
5,661.13
4,965.90
+14.0%
5,348.88
+5.8%
Other income
38.57
38.01
+1.5%
71.94
-46.4%
467.23
397.05
+17.7%
444.86
+5.0%
Profit before tax
624.91
523.28
+19.4%
592.21
+5.5%
Finance costs
25.70
33.23
-22.7%
39.09
-34.3%
Depreciation
163.81
153.28
+6.9%
164.78
-0.6%
Tax expense
157.68
126.23
+24.9%
147.35
+7.0%
Net profit margin
8.20%
7.93%
+0.26 pp
8.21%
-0.01 pp
EPS, basic (₹)
4.75
4.09
+16.1%
4.31
+10.2%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Profit grew faster than revenue at the consolidated level. Revenue from operations rose 14.0% year on year to ₹5,661.13 crore, while net profit rose 17.7% to ₹467.23 crore. Profit before tax rose 19.4%, and tax expense rose 24.9%, so the net profit margin widened from 7.93% to 8.20%.
Other income was ₹38.57 crore, 0.7% of total income and 6.2% of profit before tax of ₹624.91 crore. Finance costs fell 22.7% YoY to ₹25.70 crore. The company says revenue growth was driven by 17% growth in India Business and 9% in Non-Branded Business, while International Business revenue was marginally lower, impacted by continued heatwave.
The company's note says inflationary pressures on key input costs in India Branded Business partly offset improvement in International Business and Non-Branded Business operating performance. A consolidated exceptional item of ₹7.37 crore relates to an adjustment of contingent consideration paid on a business acquisition.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
4,230.37
3,623.72
+16.7%
4,455.46
-5.1%
Revenue from operations
4,207.50
3,595.22
+17.0%
4,028.32
+4.4%
Other income
22.87
28.50
-19.8%
427.14
-94.6%
242.81
285.19
-14.9%
714.27
-66.0%
Profit before tax
354.54
384.63
-7.8%
831.55
-57.4%
Finance costs
25.97
24.75
+4.9%
19.99
+29.9%
Depreciation
60.43
55.49
+8.9%
59.75
+1.1%
Tax expense
111.73
99.44
+12.4%
117.28
-4.7%
Net profit margin
5.74%
7.87%
-2.13 pp
16.03%
-10.29 pp
EPS, basic (₹)
2.45
2.88
-14.9%
7.22
-66.1%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone revenue from operations rose 17.0% year on year to ₹4,207.50 crore, but net profit fell 14.9% to ₹242.81 crore. The gap comes below operating profit: exceptional items of ₹64.37 crore are deducted before profit before tax of ₹354.54 crore, which was 7.8% lower than a year earlier. Tax expense of ₹111.73 crore is 31.5% of that profit before tax.
The exceptional items comprise a fair value loss of ₹57 crore on a financial instrument held in an associate and an adjustment of ₹7 crore relating to contingent consideration paid on a business acquisition. The company says profit after tax is lower due to these exceptional items.
The filing does not give a reason for the June quarter other income.
Consolidated net profit of ₹467.23 crore is ₹224.42 crore higher than standalone. The consolidated figure includes the group's subsidiaries and a share of profit from associates and joint ventures of ₹2.91 crore in the quarter, against a loss of ₹17.67 crore in the June quarter.
Consolidated net profit attributable to owners of the parent was ₹469.30 crore, and EPS was ₹4.75 basic.
Inference
The filing shows a dividend paid of ₹989.57 crore at standalone level and ₹994.77 crore at consolidated level in the six months to 30 Sep 2026, and an acquisition of non-controlling interest of ₹230.00 crore in the same period. Consolidated net worth stood at ₹23,247.00 crore and standalone at ₹17,824.46 crore on 30 Sep 2026. The filing does not say whether the dividend was a final or interim dividend, or its record date, and does not give details of the business acquisition or the contingent consideration payable.
Create a free account to read the rest of this article and the analysis that follows.
By continuing you agree to our Terms and Privacy Policy, and to receive updates from Blacklitt by email. You can unsubscribe anytime.
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
TATACONSUMTata Consumer Products Ltd.
