Tata Consumer Share Price Falls After Q4 Earnings Report

Shares of Tata Consumer Products dropped over 5% on Wednesday following the release of its March quarter earnings. The company’s net profit fell 22.5% to Rs 267.7 crore, while revenue rose 8.5% to Rs 3,927 crore. Tata Consumer’s EBITDA grew 23% to Rs 629.6 crore. Despite the decline, several brokerage firms maintained their positive outlook on the stock, citing the company’s strong growth prospects and recent acquisitions.

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