date:May 26, 2016
Tata Global Beverages Ltd, a global beverage business, has recently announced its results for the year ended FY 2015-16.
For the financial year, the income from operations at Rs 8,111 crore increased by 3% in constant currency terms. Profit from operations at Rs 532 crore is lower than the previous year due to spend on new initiatives, new launches and higher competitive intensity in certain key markets. Post the impact of exceptional items, the group consolidated net profit at Rs 326 cr