Coffee Service

Tata Coffee profit falls on improved March sales

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April 26, 2022

Tata Coffee, an India based multinational coffee provider, improved its net sales 11% from Rs. 591.23 crore in March 2021 to Rs 656.26 crore in March 2022, according to a moneycontrol.com report.

The company's quarterly net profit fell 33.24% from Rs. 40.19 crore in March 2021 to Rs. 26.83 crore in March 2022.

Earnings per share fell from Rs. 2.30 to Rs. 2.18 in the comparative months.

Tata Coffee shares closed at 218.00 on April 25, 2022 (BSE) and delivered 1.68% returns over the last six months and 72.2% over the last 12 months.