Tata Consumer Products Ltd — Q1FY27 earnings call summary

Filed 28 July 2026 · Official transcript

Starbucks revenue up 11%, mid-single digit same-store sales growth expected
Salt revenue grew 7% with volume growth and price hike in June
Margin expansion of 50-70 bps guided for FY27 despite inflation and A&P spend
Guidance: growth businesses to sustain 25-30% growth; overall double-digit revenue growth expected
Water business growing strongly; capacity expansion underway to meet demand
India tea volumes up 2%, revenue down 4% due to price pass-through of lower tea costs
Tea inflation seen at 7-10%; pricing to be adjusted to maintain margins
EBITDA grew 19%, margin expanded 70 bps to 13.6%; net profit up 29% to INR427 Cr