Tata Coffee, India’s third largest exporter of instant coffee, on Wednesday reported 12.5% decline in consolidated net profit at Rs 28 crore for the second quarter ended September 30, 2015 compared to Rs 32 crore in the corresponding quarter last year. The total income for the quarter at Rs 453 crore witnessed a marginal increase of 3% compared to Rs 440 crore in the same period a year ago.
The operating profit for the quarter declined 25% to Rs 58 crore from Rs 78 crore a year ago.
