Tata Coffee today reported 44 per cent increase in its consolidated net profit at Rs 42.88 crore for the third quarter ended December 2017. Its net profit stood at Rs 29.71 crore in the year-ago period.
However, the company’s total income fell to Rs 381 crore for the third quarter of this fiscal from Rs 416 crore in the corresponding period of the previous year, Tata Coffee said in a regulatory filing.
Tata Coffee is a subsidiary of Tata Global Beverages Ltd.
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