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TATACONSUM Diversified 17 Jan 2024

Tata Consumer Products — Q3 FY24

Tata Consumer Products delivered a strong Q3 FY24 with consolidated revenue growth of 9% and EBITDA expansion of 190 bps.

bullish high
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Revenue ₹3,800 Cr +9%
EBITDA +26%
PAT ₹302 Cr
EBITDA Margin +190bps
Duration 60 min
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

NourishCo aspirational target of INR 1,000 crore for FY24

Management reaffirmed the aspirational target of INR 1,000 crore revenue for NourishCo in FY24, despite weather headwinds.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Merger of Tata Coffee to complete in FY24

Management expects to complete the merger of Tata Coffee business within the current financial year, pending NCLT approvals.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1