Net profit of this company of Tata Group increased by 52%, announcement of dividend of Rs 8.25 – Cross Talk India
Tata group Tata Consumer Products, a consumer product maker, released financial results for the fourth quarter of FY 2024-25 on Wednesday. The company said in the information given to the stock market exchanges BSE and NSE that their integrated net profit increased by 52 percent to Rs 407.07 crore in the fourth quarter of FY 2024-25. The main reason for this bumper boom in the profit of Tata Consumer Products is the increase in the company’s income. The Tata Group company said that it had a net profit of Rs 267.71 crore in the January-March quarter of the last financial year 2023-24.
The company’s total income increased to Rs 4664.73 crore in the March quarter
The company’s total income increased to Rs 4664.73 crore in the March quarter of FY 2024-25, which was Rs 3965.39 crore in the fourth quarter of 2023-24 a year ago. Talking about the entire financial year, Tata Consumer Products got a total profit of Rs 1380.31 crore in 2024-25, which was Rs 1300.99 crore in the last financial year 2023-24. The Board of Directors of Tata Consumer Products have recommended the dividend for shareholders in view of the excellent bounce in the company’s profit.
Announcement of dividend of Rs 8.25 on each share for shareholders
The Board of Directors of the company have recommended a dividend of Rs 8.25 on each equity share for FY 2024-25. Let us tell you that on Wednesday, Tata Consumer Products shares closed at Rs 1150.90 with a gain of 1.30 percent (Rs 14.80) on BSE. During the trading yesterday, the company’s shares reached Intrade High of Rs 1156.00 to Intrade Low of Rs 1132.35. The company’s shares have a 52 week high of Rs 1247.75. According to BSE data, the current market cap of Tata Consumer Products is Rs 1,13,881.39 crore.
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