Tata Consumer Q2 profit rises 16% to ₹470 crore on India volumes

Tata Consumer Q2 net profit rose 15.7% to ₹470.14 crore for July to September 2026, up from ₹406.51 crore a year earlier, the Tata Group's packaged food and beverage company said in a regulatory filing on 26 October, as reported by PTI. Revenue from operations grew 14% to ₹5,661.13 crore.

The company credited volume growth in its domestic business, better margins, price increases and tighter control of input costs. EBITDA grew 18%, managing director and chief executive Sunil D'Souza said.

India drives the Tata Consumer Q2 numbers

Revenue from the India branded business rose 17.4% to ₹3,666.13 crore. Group CFO Ashish Goenka told PTI that underlying volume growth was 11%, with price increases adding roughly 5.5 to 6 percentage points. Several of those increases, taken to offset higher costs for tea, salt, freight and fuel, landed late in the quarter, so their effect should show in the next one. Salt prices went up by ₹2 in June and again in October.

E-commerce and quick commerce together made up 24% of domestic sales, which puts the assortment choices quick commerce forces on brands at the centre of the business.

Where the growth came from

International revenue grew 6.4% to ₹1,370.16 crore against a high base, with a long heatwave weighing on tea consumption in the UK.

Tata Starbucks

Revenue at Tata Starbucks, the 50:50 joint venture with Starbucks Corporation, grew 15% on its strongest same-store sales in several quarters. It opened seven net new stores, two of them Reserve stores, and ended September with 505 stores in 81 cities.

The test for the next two quarters is whether volumes hold once the full price increases reach the shelf.