India, Feb. 3 -- Tata Consumer Products announced its financial results for the quarter and nine months ended December 31, 2024. The company delivered a 17% revenue growth in Q3 FY25, with strong performances across India Beverages, Foods, and International businesses.

Financial Highlights (Q3 FY25)

Revenue from Operations: Rs 4,444 crores, up 17% YoY (9% organic).

India Business: Grew 23% YoY (10% organic).

India Packaged Beverages: Grew 10%, with 7% volume growth.

Salt Market Share: Strengthened by 110 bps (MAT).

International Business Profitability: Improved +35% YoY.

Consolidated EBITDA: Rs 578 crores (flat YoY), impacted by inflation in India tea costs.

Group Net Profit: Rs 282 crores (down 6%), impacted by interest costs and higher amortization.

Business Performance Highlights

India Beverages - Strong Growth in Tea and Coffee

India Beverages revenue grew 9% YoY (excluding Organic India), marking a multi-quarter high.

Coffee revenue surged 28% during the quarter.

Tata Tea Premium Care was launched, featuring natural ingredients like Tulsi, Brahmi, Mulethi, Ginger, and Elaichi.

Tetley introduced an Instant Green Tea Ready Mix sachet priced at Rs 2 to drive green tea category expansion in Tier 2 towns.

RTD (Ready-to-Drink) segment scaled up Tata Coffee Grand Cold Coffee and introduced Tata Gluco+ Jelly Lychee flavor.

India Foods - Continued Growth in Value-Added Salt and Tata Sampann

India Foods revenue grew 31% YoY (11% excluding Capital Foods).

Value-Added Salt portfolio grew 31%, with Tata Salt relaunching Sendha+ (rock salt) in the mass premium segment.

Tata Sampann recorded 23% growth for the quarter.

New Acquisitions - Capital Foods & Organic India

Combined revenue of Rs 850 crores in 9MFY25.

Successful pilot Food Services rollout in 16 cities.

Pharma channel pilot extended to 40 markets.

Kurkure partnered with Ching's Secret to launch Schezwan chutney-flavored Kurkure.

Innovation & Sales Expansion

Continued focus on Health & Wellness, Convenience, and Premiumization.

Strengthened Sales & Distribution infrastructure by scaling up split routes, improving product range selling.

E-commerce sales grew 59%; Modern Trade recorded 14% growth (excluding Capital Foods & Organic India).

Expansion in Food Services & Pharmacies progressing as planned.

International Business - Improved Profitability

Revenue grew 8% YoY (4% in constant currency).

Continued profitability improvements, solidifying No.2 position in UK branded tea market.

Tata Starbucks - Expanding Footprint

Added 16 new stores in Q3, now at 473 stores across 74 cities.

Expanded presence in East & North-East India, entering Patna, Ranchi, Jamshedpur, Bilaspur, and Gangtok.

Introduced Monsoon Malabar, a reserve small-lot coffee exclusive to India.

Sunil D'Souza, managing director and chief executive officer of Tata Consumer Products said, "We delivered a topline growth of 17% in Q3 FY25, growth was broad based with strong performance in India Beverages and Foods.

During the quarter, we recorded robust double digit growth in the India tea business, backed by strong volume growth. There has been continued momentum & market share gain in the India salt business and strong growth in Tata Sampann. Our recent acquisitions- Capital Foods and Organic India performed well and we are expanding these businesses in the Food Service and pharma channels respectively. We delivered yet another quarter of strong performance in the International Business, strengthening our No.2 position in branded tea in the UK.

In India, we continued to strengthen our Sales & Distribution infrastructure with the scale-up of split routes for our salesforce, resulting in significant improvement in range selling. Channels of the future i.e. e-commerce and Moden trade continue to fuel growth momentum.

Tata Starbucks recorded improved sequential performance and continued to expand its stores across India with a total store count of 473 stores across 74 cities."

Published by HT Digital Content Services with permission from FoodTechBiz.