Tata Consumer Products jumps on reporting 21% rise in Q3 consolidated net profit
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Tata Consumer Products is currently trading at Rs. 746.50, up by 4.00 points or 0.54% from its previous closing of Rs. 742.50 on the BSE.
The scrip opened at Rs. 749.00 and has touched a high and low of Rs. 769.00 and Rs. 742.50 respectively. So far 280538 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 564.45 on 24-Feb-2021.
Last one week high and low of the scrip stood at Rs. 769.00 and Rs. 704.50 respectively. The current market cap of the company is Rs. 68839.91 crore.
The promoters holding in the company stood at 34.72%, while Institutions and Non-Institutions held 39.09% and 26.20% respectively.
Tata Consumer Products has reported a rise of 37.73% in its net profit at Rs 187.48 crore for the quarter ended December 31, 2021 as compared to Rs 136.12 crore for the same quarter in the previous year. Total income of the company increased by 3.35% at Rs 2054.28 crore for Q3FY22 as compared Rs 1987.75 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 21.37% in its net profit at Rs 287.68 crore for the quarter ended December 31, 202 as compared to Rs 237.03 crore for the same quarter in the previous year. Total income of the company increased by 4.67% at Rs 3233.42 crore for Q3FY22 as compared Rs 3089.05 crore for the corresponding quarter previous year.
