Tata Global Beverages Q4 net profit down 36.5% at Rs 54 cr

Tata Global Beverage 's consolidated net profit fell 36.5% over a year ago period to Rs 54 crore for the fourth quarter of FY12 due to exceptional loss of Rs 40 crore. In the fourth quarter of FY11, it reported exceptional gain of Rs 56 crore.

However, consolidated net sales went up 10.65% to Rs 1,724 crore during the same period.

The stock closed at Rs 108, up 1.03% after hitting an intraday high of Rs 109.50 and low of Rs 102.65.

Source: www.moneycontrol.com

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DENIP Consultants Pvt Ltd