Tata Consumer Products Q3 FY26 profit jumps 34% as India, international and Starbucks JV drive growth 

INDIA – Tata Consumer Products Ltd (TCPL) has reported a strong financial performance for the quarter ended December 31, 2025 (Q3 FY26), supported by broad-based growth across its India business, international operations and the Starbucks joint venture. 

The company’s consolidated revenue from operations rose 15.9% year-on-year to Rs 5,120 crore (US$617 million), compared with Rs 4,443.6 crore (US$536 million) in the same quarter last year. On a sequential basis, revenue increased 3.1% from Rs 4,965.9 crore (US$599 million) in Q2 FY26. 

Net profit after tax stood at Rs 402.8 crore (US$48.5 million), marking a 34.4% increase from Rs 299.8 crore (US$36.1 million) in Q3 FY25. Profit was also marginally higher quarter-on-quarter, rising 1.4% from Rs 397.1 crore (US$47.8 million) in the previous quarter. 

Improved EBITDA and disciplined cost management supported profitability, with profit before tax rising to Rs 539.9 crore (US$65.0 million), compared with Rs 401.9 crore (around $48.4 million) a year earlier and Rs 523.3 crore (US$63.0 million) in Q2 FY26. 

For the nine months ended December 31, 2025, TCPL reported revenue of Rs 14,856.8 crore (US$1.79 billion), up from Rs 13,010.1 crore (US$1.57 billion) in the corresponding period last year. Net profit for the nine-month period rose to Rs 1,146.3 crore (US$138.1 million), compared with Rs 973.2 crore (US$117.3 million) a year earlier. 

The international business continued to deliver steady growth, with quarterly revenues increasing 11% in constant currency terms, driven primarily by coffee. In the US, Eight O’Clock Coffee recorded strong growth and continued to gain market share. In Canada, Tetley emerged as the fastest-growing brand in the specialty tea segment, according to NielsenIQ data. 

In India, the packaged beverages business posted a 3% revenue increase during the quarter. Coffee was the standout category, recording a 40% revenue growth. The ready-to-drink (RTD) portfolio delivered its second consecutive quarter of double-digit growth, with revenues rising 26%. During the quarter, Tetley entered the RTD tea segment with the launch of Tetley Green Tea Slimcare and Tetley Fruit Tea. 

The India foods business reported 19% revenue growth. Salt revenues rose 14%, supported by healthy volume expansion, while the Tata Sampann portfolio grew 45%, aided by innovation and new product launches. New introductions included Tata Himalayan Rock Salt Crystal and Capital Foods’ Ching’s Premium Soy Sauces and premium stir-fry sauces. 

Sunil D’Souza, managing director and CEO of Tata Consumer Products, said: “Q3 FY26 marked another quarter of strong, broad-based performance, led by healthy volume-driven growth and sustained momentum across our core and growth businesses.” 

He added: “The India branded business delivered double-digit underlying volume growth, with foods and beverages continuing on a strong trajectory driven by execution, portfolio expansion and premiumisation. Innovation remains a key growth engine, with 15 new launches during the quarter across health and wellness, convenience and premium segments.” 

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