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Tata Consumer Products Results: Reports 22.5% Drop in Q4FY24 Net Profit, Revenue Up 8.5%

After the closing bell on Tuesday, April 23rd, Tata Consumer unveiled its financial performance for the fourth quarter of the fiscal year 2023-24. The conglomerate disclosed a 22.5% decrease in its net profit for Q4FY24, amounting to ₹267.7 crore, as opposed to ₹345.6 crore in the corresponding period last year. Despite this dip, revenue from […]

Tata Consumer Products Results: Reports 22.5% Drop in Q4FY24 Net Profit, Revenue Up 8.5% Read More »

Nestle India hikes royalty payment to Swiss parent to 5.25%

Nestle India’s board (NSE: NESTLEIND) has given the nod for a gradual escalation in the royalty payout to its Swiss-based parent company Société des Produits Nestlé S.A. Over the next five years, the consumer goods giant will increase its payout to Nestlé S.A. to 5.25% of net sales, marking a rise from the current 4.5%

Nestle India hikes royalty payment to Swiss parent to 5.25% Read More »

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