Tata Coffee’s Q1 Net Profit Slumps 34%
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On the other hand, its total income from operations during the period went up marginally by over 4%. The total income in the quarter under review was Rs 168.07 crore as compared to Rs 161.01 crore in the corresponding quarter of last fiscal.According to a release issued by the company, the revenues from the instant coffee segment rose to Rs 86 crore as compared to Rs 76 crore in the quarter under review during last fiscal.
Exports of instant coffee during the quarter under review grew by 20% to 1,836 tonnes as compared to 1,535 tonnes in the corresponding quarter of the last fiscal.
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