Tata Consumer Products posted a 15% year-on-year rise in consolidated revenue to Rs 5,112 crore for the quarter ended December 2025, as per the company’s filing with the Exchange. Group net profit climbed 36% YoY to Rs 385 crore.
As per the filing, operating performance strengthened, with EBITDA up 26% YoY to Rs 728 crore and margins expanding 120 basis points to 14.2%, reflecting operating leverage and easing input costs, particularly in tea. Consolidated revenue stood at Rs 14,857 crore, up 14% YoY, while group net profit increased 20% to Rs 1,123 crore, for the nine months ended December 2025.
India business leads the charge
As per the filing, the India business grew 13% year-on-year in Q3. India Foods posted a revenue of Rs 1,655 crore, marking a 19% growth, while India Beverages grew to Rs 1,620 crore, marking a 7% growth. Furthermore, the filing also mentioned that Tata Salt delivered 14% revenue growth supported by 15% volume growth, while gaining 40 basis points in market share. Tata Sampann recorded a sharp 45% sales growth.
“Q3FY26 marked another quarter of strong, broad-based performance for Tata Consumer Products, led by healthy volume-led growth and sustained momentum across our core as well as growth businesses. Our India Branded business delivered double-digit underlying volume growth, with Foods and Beverages continuing on a strong trajectory driven by strong execution, portfolio expansion and premiumization.” Sunil D’Souza, Managing Director & CEO of Tata Consumer Products, said.
Subsidiary for sale
Tata Consumer Products said its board has begun exploring options to sell a property held by its subsidiary TRIL Constructions Ltd, including a potential sale of the company’s stake in the unit. The company clarified that the proposal is exploratory and that no definitive agreement has been executed at this stage, Tata Consumer Products said in another statement with exchange.
‘Growth’ businesses cross Rs 1,000 crore in quarterly revenue
A key highlight of the quarter was the performance of TCPL’s “growth” businesses, which include Tata Sampann, Ready-to-Drink (RTD), Organic India, and Capital Foods. These businesses together surpassed Rs 1,000 crore in quarterly revenue and delivered 29% YoY growth, now accounting for 30% of the India business.
The RTD segment posted 26% revenue growth and 27% volume growth, led by strong momentum in Tata Copper+, along with rapid scaling of RTD coffee and tea offerings. Capital Foods and Organic India grew 15% on a combined basis, although Capital Foods’ exports to the US were impacted by tariff-led uncertainty.
International and non-branded performance
The international business maintained momentum with 11% constant-currency revenue growth, led by the US coffee business, which delivered 31% YoY growth driven by pricing actions to offset higher coffee costs.
However, international EBITDA declined marginally in constant-currency terms, with margins under pressure from adverse gross margins.
The non-branded business grew 20% in constant-currency terms, supported by a 34% rise in solubles revenue, though plantation revenues declined 16%. Segment EBITDA fell due to the reversal of fair-value benefits, even as profitability remained stable sequentially.
During the quarter, the Tata Starbucks JV added 12 net new stores, crossing the 500-store milestone, and is now present across 81 cities.
Market stature and distribution reach
TCPL underscored its scale and competitive positioning in the presentation, describing itself as the #2 branded tea player globally, the largest tea brand in Canada, and the third-largest tea brand in the UK. In India, it remains the largest salt brand and the second-largest tea brand, the filing said.
The company said it now reaches over 275 million households in India and distributes products through 4.5 million retail outlets. It is ranked among the top 10 FMCG companies in India and employs over 4,500 people worldwide.
Product innovation and premium push
As per the filing, Tata Consumer Products launched 15 new products in Q3, across the categories of health, wellness, convenience, and premiumisation segments. Some of the introductions are Tetley Fruit Tea, Tetley Green Tea Slimcare, Tata Coffee Grand Cold Coffee at a Rs 50 price point, and Tata Gluco Plus Jelly in Rs 5 pouches.
It also rolled out new flavours of Tata Coffee Gold, expanded Tata Copper+ into glass packaging, and launched Tata Himalayan Rock Salt Crystal, as per the filing.
Commodity volatility and input trends
The company flagged a mixed commodity environment. Arabica coffee prices averaged 37% higher YoY, while Robusta prices were 10% lower. Tea prices in India remained stable even after the key plucking season, and Kenyan tea prices stayed rangebound.
TCPL said it passed on the benefit of lower tea input costs to consumers, which supported volumes but moderated near-term revenue growth in the tea segment.