#EarningsWithMC | Tata Consumer Products share price was down over 4%, a day after the company declared its Q4 results, despite the company reporting a profit of Rs 53.9 crore for the March 2021 quarter.
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https://www.moneycontrol.com/news/business/stocks/tata-consumer-shares-fall-5-on-missing-expectations-in-q4-global-brokerage-remains-underweight-6864821.html
#Q4 #Profit #TataConsumer #TataShares
Read more at 👇👇
https://www.moneycontrol.com/news/business/stocks/tata-consumer-shares-fall-5-on-missing-expectations-in-q4-global-brokerage-remains-underweight-6864821.html
#Q4 #Profit #TataConsumer #TataShares
Moneycontrol
Tata Consumer Shares Fall 5% On Missing Expectations In Q4; Global Brokerage Remains Underweight
The exceptional loss for the current quarter (at Rs 63.93 crore) mainly represent costs relating to the business restructure and reorganisation of Rs 18 crore and loss on disposal of an overseas subsidiary/joint venture of Rs 46 crore, the company said.