Tata coffee PAT up by 61 %, Turnover 95 %
Bangalore, Oct 28 (UNI) Tata Coffee registered a fast pace growth after acquisition of Eight O'clock coffee in July with the quarter two top line recording a 95 per cent growth at Rs.244 crore and profit after tax up by 61 per cent at Rs.10.56 crore.
The Company in a release here said that the turnover for the corresponding period last year was Rs.125 crore with PAT being Rs.6.53 Crores The improved Group EPS for six months period was Rs.8.47 as against Rs.5.24 (stand-alone) Tata Coffee Stand-alone results reflected an increase in turnover at Rs.125.68 Crores, up by 56 per cent over previous year's figure of Rs.80.32 Crores.
It registered an 18 per cent increase in Operating Profit prior to Interest, Exceptional Items at Rs.15.96 Crores as against Rs.13.49 Crores for the corresponding period last year.
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