TATACONSUM2023-07-012023-09-30 TATACONSUM2023-07-012023-09-30 TATACONSUM2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member TATACONSUM2023-09-30 TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TATACONSUM2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member TATACONSUM2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member TATACONSUM2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member TATACONSUM2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member TATACONSUM2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member TATACONSUM2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500800 TATACONSUM NOTLISTED TATA CONSUMER PRODUCTS LIMITED Equity 2023-04-01 2024-03-31 2023-10-31 2023-10-09 INR Crores Half yearly 14:00:00 17:30:00 2023-10-31 2023-10-31 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 37337800000.00 898300000.00 38236100000.00 13489000000.00 8065600000.00 -85500000.00 3041500000.00 275600000.00 939300000.00 7456300000.00 33181800000.00 5054300000.00 -145500000.00 4908800000.00 1126400000.00 190600000.00 1317000000.00 0.00 3591800000.00 0.00 0.00 0.00 47400000.00 3639200000.00 -391800000.00 3247400000.00 3382400000.00 256800000.00 -438700000.00 46900000.00 929000000.00 1 3.64 3.64 0.00 0.00 3.64 3.64 1. For the quarter, Revenue from operations increased by 11% (10% in constant currency) as compared to corresponding quarter of the previous year, mainly driven by underlying growth of 11% in India Business, 8% in International Business and 3% in Non-Branded Business. Profit before exceptional items and tax at Rs 505 Crores is higher by 36% reflecting growth in both India and International Business despite higher investments behind brands, and improved performance in Non-Branded Business. Group Consolidated Net Profit at Rs 364 Crores is lower mainly on account of exceptional income and lower share of profits from Associate and Joint Ventures. 2. The Board of Directors of the Holding Company, in its meeting held today, has approved the Scheme of Amalgamation of NourishCo Beverages Limited, Tata SmartFoodz Limited and Tata Consumer Soulfull Private Limited (wholly-owned subsidiaries) with the Holding Company. The Appointed Date of the Scheme is April 1, 2024. The Scheme is subject to necessary statutory and regulatory approvals, including sanction by the Hon’ble National Company Law Tribunal under Sections 230 and 232 of the Companies Act, 2013. 3. The Board of Directors of the Holding Company in its meeting held on March 29, 2022, had approved the composite scheme of arrangement (the Scheme), amongst the Holding Company and its subsidiaries, Tata Coffee Limited (TCL) and TCPL Beverages & Foods Limited (TBFL), in terms of Section 230-232 and other applicable provisions of Companies Act, 2013. The Scheme inter alia provides for the demerger of the Plantation Business (as defined in the Scheme) of TCL into TBFL and as consideration, issue equity shares of the Holding Company to all the shareholders of TCL (other than to itself) in accordance with the Share Entitlement Ratio mentioned in the Scheme. This would be followed immediately by the amalgamation of the TCL comprising of the Remaining Business (as defined in the Scheme) with the Holding Company and as consideration, issue equity shares of the Holding Company to all the shareholders of TCL (other than to itself) in accordance with the Share Exchange Ratio mentioned in the Scheme. The Scheme would become effective after receipt of all requisite approvals as mentioned in the Scheme. Pending receipt of necessary approvals, no effect of the Scheme has been given in the financial results for the quarter and six months ended September 30, 2023. 4. Exceptional item for the current quarter represent costs relating to the business restructure and reorganisation of Rs 15 Crores. Exceptional item for the corresponding quarter of the previous year mainly represent profit on sale of land of Rs 147 Crores and costs relating to the business restructure and reorganisation of Rs 35 Crores and cost relating to scheme of arrangement of Rs 1 Crore. 5. Share of profit/(loss) in Associates and Joint Ventures include the profit/(loss) of an Associate operating in North India plantations, which are seasonal in nature. 6. The Consolidated Statement of Assets and Liabilities as at September 30, 2023 and Consolidated Cash Flow Statement for the period ended September 30, 2023 is annexed. 7. Previous period’s figures have been regrouped / rearranged, to the extent necessary, to conform to current period’s classifications. 8. The aforementioned results were reviewed by the Audit Committee of the Board on October 30, 2023 and subsequently taken on record by the Board of Directors at its Meeting held on October 31, 2023. The Statutory Auditors of the Company have conducted limited review on these results. 9. The Consolidated and Standalone result for the quarter and six months ended September 30, 2023 are available on the BSE Limited’s website (URL: www.bseindia.com), the National Stock Exchange of India Limited’s website (URL: www.nseindia.com) and on the Company’s website (URL: www.tataconsumer.com). Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 74749900000.00 1475800000.00 76225700000.00 28188200000.00 14612400000.00 301800000.00 5999000000.00 537900000.00 1758800000.00 14827300000.00 66225400000.00 10000300000.00 -197100000.00 9803200000.00 2233900000.00 391800000.00 2625700000.00 0.00 7177500000.00 0.00 0.00 0.00 -161200000.00 7016300000.00 59100000.00 7075400000.00 6548300000.00 468000000.00 30700000.00 28400000.00 929000000.00 1 7.05 7.05 0.00 0.00 7.05 7.05 Other Expenses 7456300000.00 Other Expenses 14827300000.00 8759900000.00 21263700000.00 2157700000.00 2147800000.00 80509700000.00 27845700000.00 160900000.00 0.00 2797800000.00 3997300000.00 0.00 100700000.00 436200000.00 4534200000.00 417500000.00 2609100000.00 144444100000.00 26212900000.00 5372200000.00 8517300000.00 13849700000.00 11226200000.00 5133500000.00 1703800000.00 45802700000.00 321300000.00 5131800000.00 77468700000.00 0.00 0.00 221912800000.00 929000000.00 160614100000.00 161543100000.00 170303000000.00 1777600000.00 0.00 5572500000.00 7350100000.00 1788400000.00 8868800000.00 0.00 0.00 18007300000.00 8973200000.00 19122500000.00 2583300000.00 30679000000.00 1328100000.00 783900000.00 811500000.00 0.00 33602500000.00 0.00 0.00 51609800000.00 221912800000.00 a. The Group has organised business into Branded Segment and Non Branded Segment. Branded Segment is further sub-categorised as India Business and International Business. Accordingly, the Group has reported its segment results for these segments. b. Business Segments: The internal business segmentation and the activities encompassed therein are as follows: i) Branded Business - India Business : Sale of branded Tea, Coffee & Water and sale of food products in various value added forms International Business : Sale of branded Tea, Coffee & Water and sale of food products in various value added forms ii) Non Branded Business - Plantation and Extraction business for Tea, Coffee and other produce c. The segment wise revenue, results, assets and liabilities figures relate to the respective amounts directly identifiable to each of the segments. Unallocable items includes expenses incurred on common services at the corporate level. Other Income excludes allocable income to segment results. India Business 24040700000.00 International Business 9497400000.00 Non Branded Business 3882800000.00 Others 148900000.00 India Business 48820000000.00 International Business 18445600000.00 Non Branded Business 7653300000.00 Others 258800000.00 37569800000.00 75177700000.00 232000000.00 427800000.00 37337800000.00 74749900000.00 India Business 3306100000.00 International Business 958200000.00 Non Branded Business 571100000.00 Others 582600000.00 India Business 6590700000.00 International Business 2116200000.00 Non Branded Business 1070600000.00 Others 1136400000.00 5418000000.00 10913900000.00 275600000.00 537900000.00 233600000.00 a. The Group has organised business into Branded Segment and Non Branded Segment. Branded Segment is further sub-categorised as India Business and International Business. Accordingly, the Group has reported its segment results for these segments. b. Business Segments: The internal business segmentation and the activities encompassed therein are as follows: i) Branded Business - India Business : Sale of branded Tea, Coffee & Water and sale of food products in various value added forms International Business : Sale of branded Tea, Coffee & Water and sale of food products in various value added forms ii) Non Branded Business - Plantation and Extraction business for Tea, Coffee and other produce c. The segment wise revenue, results, assets and liabilities figures relate to the respective amounts directly identifiable to each of the segments. Unallocable items includes expenses incurred on common services at the corporate level. Other Income excludes allocable income to segment results. 572800000.00 4908800000.00 9803200000.00 India Business 92879400000.00 International Business 60883000000.00 Non Branded Business 19062400000.00 Others 0.00 172824800000.00 49088000000.00 221912800000.00 India Business 17940800000.00 International Business 7768300000.00 Non Branded Business 1981100000.00 Others 0.00 27690200000.00 23919600000.00 51609800000.00 537900000.00 851800000.00 -541200000.00 0.00 0.00 0.00 0.00 0.00 0.00 -5479100000.00 0.00 0.00 0.00 1758800000.00 0.00 0.00 0.00 0.00 0.00 -1400000.00 35300000.00 992600000.00 39100000.00 41500000.00 0.00 -367500000.00 225900000.00 0.00 0.00 -3962100000.00 5841100000.00 0.00 0.00 0.00 1463100000.00 0.00 4378000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 247300000.00 1450800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4444600000.00 4705000000.00 0.00 0.00 38500000.00 903600000.00 0.00 4031800000.00 104600000.00 4135400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 633700000.00 0.00 349800000.00 8088400000.00 506300000.00 0.00 0.00 -9578200000.00 -1064800000.00 -12300000.00 -1077100000.00 8903900000.00 7826800000.00 Remeasurement of the defined benefit plans -48600000.00 Changes in fair valuation of equity instruments 136500000.00 Remeasurement of the defined benefit plans -531000000.00 Changes in fair valuation of equity instruments 224000000.00 87900000.00 -307000000.00 700000.00 -103100000.00 Exchange differences on translation of foreign operations -485700000.00 Gains/(loss) on effective portion of cash flow hedges 2000000.00 Exchange differences on translation of foreign operations 166100000.00 Gains/(loss) on effective portion of cash flow hedges 123300000.00 -483700000.00 289400000.00 -4700000.00 26400000.00