Tata Consumer Products: The board has suggested a last dividend of Rs 4.05 per share for FY2020-21.
Tata Consumer Products shares crashed more than 4 per cent in a firm market a day after posting its Q4 incomes.
The business reported a consolidated net earnings of Rs 133.34 crore for the March quarter as versus a loss of Rs 50 crore in the year-ago duration, primarily on account of development in earnings and control over expenditure.
At 12:20 pm, the shares of Tata Consumer Products were trading at Rs 626, weaker by 4.1 per vent, on the BSE.The incomes from operations rose 26.2 percent in the quarter under factor to consider to Rs 3,037 crore from Rs 2,405 crore in the very same quarter last year.
The margins were, however, impacted by tea cost inflation in the country.Meanwhile, the business's board advised a last dividend of Rs 4.05 per share for fiscal year 2020-21.
The BSE Sensex was trading at 49,112.25, greater by 162.75 points or 0.33 percent and NSE Nifty was at 14,785.25, up 60.35 points or 0.4 per cent.