Tata Coffee Q2 net profit at Rs 32 crore

Tata Coffee Q2 net profit at Rs 32 crore

FPJ BureauUpdated: Saturday, June 01, 2019, 07:25 AM IST
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New Delhi:  Tata Coffee reported a consolidated net profit of Rs 32.36 crore for the second quarter ended September 30, on account of better performance by the company’s US subsidiary.  Consolidated income from operations decreased to Rs 440.41 crore.   Tata Coffee’s Executive Director – Finance M Deepak Kumar said, “The primary reason for the above growth in profits was superior performance and results of the company’s US operating subsidiary, Eight O’Clock Coffee.”

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