Tata Global Beverages stock touches 52-week high after robust Q3 earnings
Updated : February 05, 2020 01:04 PM IST
The company reported a 24.76 percent increase in consolidated net profit at Rs 135.85 crore in Q3FY20 as against Rs 108.89 crore in the year-ago period.
During the quarter, India branded tea business clocked a growth of 7 percent in volume and 6 percent in value terms.
Tata Starbucks clocked a 27 percent growth in revenue for the quarter, opening 28 new stores.