Market Watch

Saturday, January 29, 2011

Tata Global Beverages Q3 profit down to Rs.71.93 crores

Tata Global Beverages Ltd has announced the Audited financial results for the quarter ended December 31, 2010.

The Company has posted a profit after tax of Rs 471.50 million for the quarter ended December 31, 2010 as compared to Rs 367.50 million for the quarter ended December 31, 2009. Total Income has increased from Rs 4713.50 million for the quarter ended December 31, 2009 to Rs 5272.10 million for the quarter ended December 31, 2010.

The Group has posted consolidated net profit of Rs 719.30 million for the quarter ended December 31, 2010 as compared to Rs 922.30 million for the quarter ended December 31, 2009. Total Income has increased from Rs 15543.00 million for the quarter ended December 31, 2009 to Rs 16116.10 million for the quarter ended December 31, 2010.

The stock closed the day at Rs.100, down by Rs.5.60 or 5.30%. The stock hit an intraday high of Rs.106.45 and low of Rs.98.60.

The total traded quantity was 3.97 lakhs compared to 2 week average of 2.49 lakhs.