International beverage and non-branded business drive profitability

25 Apr 2024
5 Min read 
  • Tata Consumer Products reported strong operating performance in 4QFY24.
  •  EBIT growth of 20% YoY was led by healthy performance in international branded beverage segment.
  •  The company's holistic strategy aims at strengthening core business, exploring new opportunities, and enhancing focus on premiumization and health & wellness products.
  •  The management aims to increase the contribution of growth business from 18% in FY24 to 30% of its Indian business.
  •  TATACONS targets 30% YoY growth in NourishCo in FY25.
  •  The company expects margin improvement in the international beverage business going forward.
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