New Delhi, Jan 25 (PTI) Tata Coffee today reported 44 per cent increase in its consolidated net profit at Rs 42.88 crore for the quarter ended December 2017. Also Read - TGBL plans to set up Rs 100-crore tea packaging unit in Odisha
Its net profit stood at Rs 29.71 crore in the year-ago period. Also Read - TGBL restructures overseas ops, exits non-core markets
However, the company’s total income fell to Rs 381 crore for the third quarter of this fiscal from Rs 416 crore in the corresponding period of the previous year, Tata Coffee said in a regulatory filing. Also Read - LIC trims stake in Tata Global Beverages to 3.62 pc
Tata Coffee is a subsidiary of Tata Global Beverages Ltd.
This is published unedited from the PTI feed.