Tata Consumer Q4 profit up 59% to ₹345 crore, dividend of ₹8.25 per share recommended; check payment date

Tata Consumer Products, a key fast-moving consumer goods player, has recommended a dividend of ₹8.25 per share for the financial year 2024-25.

The dividend was declared along with the results for the latest March quarter after market hours on Wednesday, April 23.

Tata Consumer Products dividend: Check payment and record date

In an exchange filing, the company said, "The Board has recommended a dividend of ₹8.25 per equity share of Re. 1 each (825%) for FY2024-25."

The dividend, if approved by the shareholders at the forthcoming Annual General Meeting (AGM), will be paid on or after June 21, 2025. The record date has not been announced yet.

Tata Consumer Products Q4 results

Tata Consumer Products posted a 59.18% increase in its consolidated profit after tax to ₹344.85 crore in the January-March quarter of FY25, compared to ₹216.63 crore a year back.

Revenue from operations ascended 17.34% to ₹4,608.22 crore in the quarter under review. In the year-ago period, the revenue was ₹3,926.94 crore in the same period last fiscal year.

For the quarter, India Beverages business revenue grew 9%, while domestic food business expanded 27%.

"Salt revenue grew 13%, with value-added salt portfolio growing 31% during the quarter. Tata Salt Iron Health, double fortified with iron and iodine was relaunched at an accessible price point to tackle widespread iron deficiency in India," the company said in an exchange filing.

Tata Starbucks added six net new stores in the reporting quarter, taking total stores to 479 across 80 cities.

Sunil D’Souza, Managing Director & CEO of Tata Consumer Products said, "We ended the year with a strong quarter, accelerating the momentum further. We delivered a topline growth of 17% during the quarter, bringing FY25 growth to 16%. The growth was broad based across India and the international business in line with the earlier trend.

"During the year, we recorded growth in our core businesses of India tea and salt in addition to driving strong growth in Tata Sampann and Tata Soulfull. While the RTD business was impacted in the earlier part of the year, we have seen a strong rebound as we exit the year," he added.