Tata Consumer Products’ Q4 financial results led to a significant drop in its share price on Tuesday. The company reported a 22.5% decrease in net profit to ₹267.7 crore, compared to ₹345.6 crore in the corresponding period last year. Despite an 8.5% increase in revenue from operations to ₹3,927 crore, the lower profit impacted investor sentiment. Tata Consumer’s board has declared a final dividend of 775% for FY24. While the stock price initially fell over 5% in morning trade, it has since partially recovered and is currently down approximately 4.5%. Brokerage firms remain positive about the company’s long-term prospects, citing its outperformance of equity benchmarks and growth potential in its various business segments.