Hindustan Times (Jalandhar)

Tata Coffee Q1 profit falls 16% on higher expenses


NEW DELHI: Tata Coffee posted a 16% year-on-year decline in consolidat­ed net profit to `25.4 crore during April-June, due to higher expenses. Consolidat­ed income, however, rose to `396 crore during the quarter from `375 crore a year ago.

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