posted a 22 per cent rise in consolidated net profit for the quarter ended March 31, 2026, as strong double-digit volume growth and easing tea cost inflation in its India branded business offset pressure from rising coffee costs and tariff headwinds in international markets.
Consolidated net profit for Q4 FY26 rose to ₹424 crore from ₹349 crore in the year-ago period, while revenue from operations increased 18 per cent to ₹5,434 crore from ₹4,608 crore. Profit before exceptional items and tax (PBEIT) grew 32 per cent to ₹641 crore from ₹484 crore.
On a standalone basis, quarterly net profit rose 14 per cent to ₹315 crore from ₹277 crore, while revenue climbed 16 per cent to ₹3,892 crore from ₹3,354 crore a year earlier.
Volume growth powers topline
In its regulatory filing, Tata Consumer said the quarter’s revenue growth was driven by underlying volume gains of 13 per cent in the India business, 9 per cent in the international business and 41 per cent in the non-branded segment.
The company attributed improved operating performance in the branded business to easing tea cost inflation, while noting that coffee inflation in international markets and reversal of prior-year fair value gains in the non-branded business acted as offsets.
FY26 earnings rise 20%
For the full year FY26, consolidated net profit rose 20 per cent to ₹1,547 crore from ₹1,287 crore in FY25, while consolidated revenue from operations increased 15 per cent to ₹20,290 crore from ₹17,618 crore.
The standalone business delivered stronger earnings expansion, with net profit rising 30 per cent to ₹1,635 crore from ₹1,255 crore on revenue of ₹14,700 crore against ₹12,802 crore in FY25.
The company’s India branded business emerged as the key earnings driver during FY26.
Segment profit for the India branded business surged 47 per cent to ₹1,504 crore from ₹1,021 crore in FY25, supported by strong volume momentum and easing tea cost inflation.
The international branded business, however, reflected margin pressure despite revenue growth. Segment profit declined 6 per cent to ₹626 crore from ₹667 crore, with Tata Consumer citing US tariff headwinds and coffee cost inflation as key drags.
The non-branded segment — which includes plantation and extraction operations in tea, coffee and other produce, reported a 31% decline in segment profit to ₹280 crore from ₹407 crore.
The company said the decline was largely due to reversal of fair value gains booked in the previous year rather than operational weakness.
The board recommended a dividend of ₹10 per share for FY26, representing a 1,000 per cent payout on the face value of Re 1 per share, subject to shareholder approval at the company’s 63rd Annual General Meeting .The dividend when approved, will be paid on or after June 15, 2026.
Shares of Tata Consumer Products closed 2.04 per cent higher at ₹1,175.95 on Thursday following the earnings announcement.