Tata Consumer Products Q4FY22 PAT up 303% at Rs217.54 crore yoy 10% lower material costs

5 May 2022 , 08:29 AM

Tata Consumer Products Ltd reported 4.55% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs3,175.41 crore. On a sequential basis, revenues were lower for the quarter by -1.03%.

For the full year FY22, the revenues were higher by 7.1% at Rs12,425 crore. In terms of verticals in Q4FY22, India beverages saw 3% volume growth and -1% revenue fall.

The boost came from the India foods business with -1% fall in volumes but 19% growth in sales on pricing power. US coffee contributed positively to volumes and sales.

The consolidated net profit for Q4FY22 was up 303.6% at Rs217.54 crore while it was down on a sequential basis by -17.92%.

The profit growth was led by a 45% yoy growth in EBITDA in the fourth quarter while the EBITDA margins expanded by 400 basis points to 14.4%.

Among major volume boosters, Tata Sampann saw volume growth of 28% while Tata Salt saw volume growth of 26%. Net margins stood at 6.85% in Q4FY22 quarter compared to 1.77% in Q4FY21. NPM was lower sequentially against 8.26% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	Tata Consumer Products
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 3,175.41	₹ 3,037.22	4.55%	₹ 3,208.38	-1.03%
Net Profit (Rs cr)	₹ 217.54	₹ 53.90	303.60%	₹ 265.05	-17.92%
Diluted EPS (Rs)	₹ 2.36	₹ 0.58		₹ 2.88
Net Margins	6.85%	1.77%		8.26%