Tata Consumer Q2 results: profit rises 16% to Rs 470 crore

Tata Consumer Products reported consolidated net profit of Rs 470.14 crore for the September quarter of FY27, up 15.6% from Rs 406.51 crore a year earlier. The results also showed revenue from operations of Rs 5,661.13 crore, up 14% from Rs 4,965.9 crore in the same quarter last year. The board approved the results on 26 October 2026.

The Tata Consumer Q2 results were in line with market estimates in broad terms. Analysts tracked by Bloomberg had estimated revenue of Rs 5,583.2 crore and net profit of Rs 469.2 crore for the quarter, according to TradingView News. Profit before exceptional items and tax rose 21% to Rs 632.28 crore, from Rs 523.28 crore a year earlier.

Tata Consumer Q2 results and operating profit

Earnings before interest, tax, depreciation and amortisation rose 18% to Rs 794 crore in the Tata Consumer Q2 results. The operating margin widened by 40 basis points to 14%. Adjusted earnings per share rose to Rs 5.18, from Rs 4.44 a year earlier, according to Angel One.

Tata Consumer Products said its India business grew 17% in value terms. Underlying volume growth in the India branded business was 11%, compared with 13% in the first quarter of FY27. The company said price rises contributed about 5.5% to 6% to India business growth in the quarter, with the rest coming from volumes.

Tata Consumer Q2 results in salt and tea

The salt business in the Tata Consumer Q2 results recorded revenue growth of 15%, with volumes up 9%. Volumes of premium and value-added salt rose 17%. The company put through further price rises in October, after tea prices rose 8% to 10% from the first quarter and salt prices rose 6%.

India tea and coffee revenue fell 1% in the Tata Consumer Q2 results, while volumes stayed flat amid weak demand. Tata Consumer Products launched Tata Tea Gold Reserve, Chakra Gold Select and Kanan Devan Gold during the quarter. E-commerce and quick commerce together made up 24% of domestic sales in the quarter.

Tata Consumer Q2 results in growth businesses

Growth businesses, which include Tata Sampann, ready-to-drink products, Capital Foods and Organic India, grew 40% and made up 38% of the India business in the Tata Consumer Q2 results. Tata Sampann revenue grew 57% on volume growth. Ready-to-drink revenue rose 47%, with volumes up 34%.

Capital Foods and Organic India together grew 15% in the quarter. Their domestic revenue grew 24%, while shipping problems affected exports. Capital Foods reported revenue of Rs 264 crore and Organic India reported Rs 145 crore. The company launched 22 new products across the quarter.

Managing director and chief executive Sunil D'Souza said: "We delivered our second consecutive quarter of double-digit revenue growth in FY27, backed by strong underlying volume growth in the India business." Group chief financial officer Ashish Goenka said pricing, margin gains and control of input costs supported profit growth. The company said it aims to expand margins in stages and has set a target of 17% to 20% for India food and beverage operating margin over the next three to five years.

International revenue was Rs 1,256 crore in the quarter, up 7% on a reported basis, though it fell 2% at constant currency, according to a segment summary. Tata Starbucks revenue grew 15% in the quarter, with seven net new stores taking the count to 505 stores across 81 cities. The company launched 22 new products in all during the quarter, and said distribution gains helped ready-to-drink sales. Those new products covered health and wellness, convenience and premium ranges, and the company said innovation would remain a part of its India plans.