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Tata Coffee Q1 net up 43 per cent at Rs 40 crore

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New Delhi:

Tata Coffee on Friday reported a 43 per cent increase in its consolidated net profit at Rs 40.38 crore for the first quarter ended June 30 on lower expenses and better margins.

The company had posted a net profit of Rs 28.18 crore in the year-ago period, it said in a filing to the BSE.

Total income from operations marginally rose to Rs 418.46 crore for the April-June quarter as against Rs 413.73 crore during the corresponding period of fiscal year 2012-13.

Shares of the company, on Friday, ended 5.28 per cent higher at Rs 1,072.60 on the BSE.

Story first published on: July 26, 2013 19:04 (IST)

Tags: Tata Coffee, Tata Group, Quarterly earnings

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