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Tata Global Beverages Q1 earnings today: Here's what to expect

Updated : July 31, 2019 01:19 PM IST

Tata Global Beverages will be reporting its first-quarter earnings on Wednesday and analysts expect the tea and coffee maker to post double-digit profit growth.

  • According to Kotak’s estimates, the revenue is expected to grow by about 6 percent at Rs 1,911 crore. The EBITDA likely to grow subdued just around 1.5-2 percent at Rs 253 crore and there would be some margin compression. As a result of that on a low base expect net profit to grow by around 18.50 percent.

  • The key number to watch will be its domestic tea business, where the volume growth is seen at around 10 percent. 3 percent growth is seen in its international business.

  • The street will definitely watch out for any commentary clarity on the merger timelines with Tata Chemicals consumer business.
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