Tata Coffee declares Q4FY22 result: Consolidated Total Income for Q4FY22 higher by 8% Consolidated Profit for Q4FY22 higher by 12% Dividend of Rs 2.00 per share [Face Value Re.1.00 each] recommended by the Board Revenues from Instant Coffee business consisting of India and Vietnam grew by 8.7% during the quarter, driven by improved realisations despite lower exports from India consequent to delay in despatches. There has also been improved margins driven by higher proportion of specialty / differentiated products as well as lower costs. Sales to all key markets have been robust. For the financial year, the Revenues from Instant Coffee business grew by 20.3% with improved margins. Order book continues to be healthy both, at India and Vietnam. Plantations Segment profitability for Q4FY22 was lower in relation to the corresponding quarter of the previous year. While Coffee and Pepper have shown sharply improved performance for the quarter driven by improved realisations, the Company's Tea operations were adversely impacted on account of lower crop due to unfavourable weather conditions. For the financial year, the profitability of Coffee and Pepper have nearly doubled aided by improved prices; however, the Tea Operations were adversely impacted due to lower crop and additionally Tea prices during FY21 were at record levels. Eight O' Clock [EOC] registered robust performance during the quarter primarily driven by improved realisations. 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. There is however continuing inflationary pressure on costs. Our Plantation performance on Green Bean Coffee and Pepper during the year have also been strong, aided by improved realisations. Our Subsidiary, Eight O'Clock Coffee [EOC] has recorded improved performance during the quarter owing to better realisations and favourable channel mix". Result PDF