Tata Coffee announced that the Board of Directors of the Company at its meeting held on 29 April 2021, has recommended a Final dividend of Rs.1.50 per share (i.e.150%), subject to the approval of the shareholders.

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Net profit of Tata Coffee rose 907.27% to Rs 40.19 crore in the quarter ended March 2021 as against Rs 3.99 crore during the previous quarter ended March 2020. Sales rose 30.09% to Rs 217.65 crore in the quarter ended March 2021 as against Rs 167.31 crore during the previous quarter ended March 2020.

For the full year,net profit rose 37.69% to Rs 100.80 crore in the year ended March 2021 as against Rs 73.21 crore during the previous year ended March 2020. Sales rose 2.39% to Rs 736.64 crore in the year ended March 2021 as against Rs 719.44 crore during the previous year ended March 2020.

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Net profit of Tata Coffee rose 335.90% to Rs 42.98 crore in the quarter ended March 2021 as against Rs 9.86 crore during the previous quarter ended March 2020. Sales rose 14.42% to Rs 591.23 crore in the quarter ended March 2021 as against Rs 516.74 crore during the previous quarter ended March 2020.

For the full year,net profit rose 62.18% to Rs 133.64 crore in the year ended March 2021 as against Rs 82.40 crore during the previous year ended March 2020. Sales rose 14.69% to Rs 2254.95 crore in the year ended March 2021 as against Rs 1966.06 crore during the previous year ended March 2020.

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Tata Coffee will hold a meeting of the Board of Directors of the Company on 29 April 2021.

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