Tata Consumer shares surge over 6% as brokerages cheer Q2 results
While consolidated profit increased, standalone net profit declined 15% to ₹242.81 crore from ₹285.19 crore. Standalone revenue, however, rose 17% to ₹4,207.50 crore from ₹3,595.22 crore
Tata Consumer Products shares experienced a significant 6% increase on Tuesday following the company's strong Q2 results. The Indian consumer goods firm reported a 16% year-on-year rise in consolidated net profit attributable to shareholders, reaching ₹469.30 crore for the July-September 2026 quarter. The stock price climbed from ₹936.50 to ₹990.50 on the NSE, surpassing its previous close of ₹936.50.
While consolidated profit rose, the company's standalone net profit declined by 14.9% to ₹242.81 crore from ₹285.19 crore. Nonetheless, standalone revenue grew by 17% to ₹4,207.50 crore from ₹3,595.22 crore. Analysts across the board maintained positive outlooks, with some raising their price targets in response to the robust performance.
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