Tata Consumer Products: The board has really useful a last dividend of Rs 4.05 per share for FY2020-21.
Tata Consumer Products shares crashed greater than 4 per cent in a agency market a day after posting its This fall earnings. The firm reported a consolidated web revenue of Rs 133.34 crore for the March quarter as towards a lack of Rs 50 crore within the year-ago interval, primarily on account of progress in income and management over expenditure. At 12:20 pm, the shares of Tata Consumer Products have been buying and selling at Rs 626, weaker by 4.1 per vent, on the BSE.
The revenues from operations rose 26.2 per cent within the quarter into account to Rs 3,037 crore from Rs 2,405 crore in the identical quarter final 12 months. The margins have been, nonetheless, impacted by tea price inflation within the nation.
Meanwhile, the corporate’s board really useful a last dividend of Rs 4.05 per share for monetary 12 months 2020-21.
The BSE Sensex was buying and selling at 49,112.25, greater by 162.75 factors or 0.33 per cent and NSE Nifty was at 14,785.25, up 60.35 factors or 0.4 per cent.
