Tata Consumer Products: The FMCG company recorded consolidated net profit at Rs 268 crore for the quarter ended March FY24, declining sharply by 23 percent compared to the same period last fiscal despite healthy operating numbers, and topline, impacted by an exceptional loss of Rs 216 crore. Revenue from operations grew by 9 percent year over year to Rs 3,927 crore for the quarter. EBITDA increased by 22 percent year-on-year to Rs 631 crore, with a margin expansion of 180 bps to 16.1 percent for the quarter. The company has recommended a dividend of Rs. 7.75 per share.
NHPC: The state-owned entity has signed a…
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