Tata Consumer Products Ltd’s Q4FY23 Results

This is a brief analysis of fourth quarter results of Tata Consumer Products Limited. In a nutshell, the Company registered improvement in all aspects during Q4FY23. Both the y-o-y and q-o-q growth accelerated, and EBITDA margins improved as compared to previous few quarters. The consolidated revenues increased by 14% y-o-y. In constant currency terms, revenues increased by 12%, which can be attributed to equal measure of volume and price growth.