Tata Coffee announced Q1FY23 results: Consolidated: Consolidated Total Income for the quarter higher at Rs.666 crore compared to Rs.538 crore for the corresponding quarter of the previous year, an increase of 24% The Group's Consolidated Net Profit for Q1FY23 is higher at Rs.65 crore compared to Rs.46 crore for the corresponding quarter of the previous year Consolidated Operating Profit for Q1FY23 up 37% Standalone: Standalone Total Income higher at Rs.243 crore compared to Rs.203 crore for the corresponding quarter of the previous year, representing an increase of 20% Commenting on the performance, Mr. Chacko P Thomas, Managing Director, Tata Coffee Limited, said "The performance of our Instant Coffee business continues to be robust. Tata Coffee's Vietnam operations continue to be robust with a healthy order pipe line. There is however continuing inflationary pressure on costs. Our Plantation performance on Green Bean Coffee have also been strong, aided by improved realisations. Our Subsidiary, Eight O'clock Coffee [EOC] has recorded improved performance during the quarter owing to higher sales and favourable product mix". Result PDF