The company’s revenue was up 5% yoy at Rs1897cr.
The branded business’ revenue largely remained flat, while the non-branded business rose 26% yoy (contributed only ~13% to total revenue in Q1FY20).
Expenses were up 6.3% yoy.
Tata Global Beverages Ltd is currently trading at Rs249.75 up by Rs0.25 or 0.1% from its previous closing of Rs249.50 on the BSE.
The scrip opened at Rs246.45 and has touched a high and low of Rs254.10 and Rs245.70 respectively. So far 16,16,961 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs15,746.69cr.