Tata Consumer Products reported a 14% increase in consolidated revenue for the second quarter of fiscal year 2027, reaching ₹5,661 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 18% year-on-year to ₹794 crore, with margins expanding by 40 basis points to 14.0%. The company highlighted strong performance in its India business and growth in key segments.
Tata Consumer Products Reports Strong Q2 FY27 Financials
Tata Consumer Products announced its financial results for the quarter ended September 30, 2026 (Q2 FY27), showcasing robust growth across key metrics. Consolidated revenue for the quarter stood at ₹5,661 crore, marking a significant increase of 14% compared to the same period in the previous year. This growth was driven by strong performance in the India business, which saw an Underlying Volume Growth (UVG) of 11%.
EBITDA and Margin Expansion
The company’s EBITDA also demonstrated impressive growth, increasing by 18% year-on-year to ₹794 crore. Alongside revenue and EBITDA growth, Tata Consumer Products achieved an expansion in its consolidated EBITDA margins, which improved by 40 basis points to reach 14.0%. This margin improvement reflects effective cost management and favorable business dynamics.
Key Business Segment Performance
The India Salt business reported a 9% volume growth and a 15% revenue growth. The India Tea/Coffee segment experienced flat volumes with revenue marginally lower year-on-year. However, ‘Growth businesses‘ as a whole saw a significant YoY increase of 40%. This includes Tata Sampann, which grew by 57%, and Ready-to-Drink (RTD) products, up by 47%. Capital Foods and Organic India combined saw 15% growth.
International and Non-Branded Business
The International business revenue grew by 7% (or -2% on a constant currency basis), indicating resilience in global markets. The Non-branded business also showed strong performance, growing by 12% (9% constant currency). Tata Starbucks revenue grew by 15%, marking a multi-quarter high with strong same-store sales growth (SSSG).
Strategic Priorities and Innovation
The presentation also highlighted the company’s strategic priorities, focusing on strengthening core businesses, building new opportunities, driving execution excellence, creating a future-ready organization, and embedding sustainability. Significant innovation was showcased with 22 new product launches in Q2 across Health & Wellness, Convenience, and Premiumization categories, demonstrating a commitment to expanding its product portfolio.
Consolidated Financial Highlights
For Q2 FY27, consolidated revenue was ₹5,661 crore, with a 14% growth. EBITDA reached ₹794 crore, up 18% with a margin of 14.0%. Net Profit was ₹470 crore, a 16% increase, and Adjusted EPS stood at ₹5.18, up 17%. For H1 FY27, consolidated revenue was ₹11,010 crore (13% growth), EBITDA was ₹1,523 crore (18% growth), and Adjusted EPS was ₹9.85 (21% growth).
Source: BSE
