Tata Consumer Products Q3 FY26 Results Preview: Revenue, profit seen rising; margin expansion

Tata Consumer Products Ltd (TCPL) is scheduled to announce its consolidated financial results for the third quarter ended December 31, 2025, on January 27, 2026.

The company has already informed the stock exchanges that a meeting of its Board of Directors will be held on Tuesday to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine-month period, along with the limited review reports of the auditors.

Trading Window Closure and Board Meeting

Add Zee Business as a Preferred Source

As per the company’s disclosure, the trading window for dealing in the shares of Tata Consumer Products has been closed from December 25, 2025, and will reopen 48 hours after the declaration of the financial results, in line with the company’s code of conduct for the prevention of insider trading.

Q3FY26 Earnings Expectations

For the December quarter, Tata Consumer Products is expected to report strong year-on-year growth across key financial parameters. Consolidated revenue is estimated at Rs 4,995 crore, compared with Rs 4,444 crore in the corresponding quarter last year, reflecting a growth of 12.4 per cent. EBITDA is expected to rise to Rs 704 crore from Rs 565 crore, up 24.6 per cent on a year-on-year basis.

EBITDA margin for the quarter is estimated at 14.1 per cent, compared with 12.7 per cent in the year-ago period. The margin improvement is attributed to a low base and easing pressure seen in the corresponding quarter of the previous year.

India tea margins were significantly impacted in the third quarter of FY25, which is expected to support a strong year-on-year margin expansion in the current quarter. Profit after tax for Q3FY26 is estimated at Rs 404 crore, compared with Rs 279 crore in the same quarter last year, registering a growth of 44.8 per cent.

Segment-wise Growth Outlook

The company is expected to report growth across all major segments. In the domestic tea business, volume growth is estimated in the range of 3 to 5 per cent, while value growth is pegged at around 3 per cent.

The salt segment is expected to record growth of about 14 per cent, while the Sampann portfolio is estimated to grow by around 30 per cent. NourisCo volumes are expected to increase by more than 25 per cent during the quarter.

In the previous reported quarter ended September 2025, Tata Consumer Products had posted a 10.7 per cent increase in consolidated net profit to Rs 406.51 crore, driven by strong performance in the India business. Revenue from operations in Q2FY26 had risen 17.83 per cent year-on-year to Rs 4,965.9 crore. Total income, including other income, stood at Rs 5,003.91 crore, up 17.45 per cent.

During the September quarter, the company’s overall branded business had grown 17 per cent year-on-year. Revenue from India business was up 17.6 per cent to Rs 3,122.15 crore.

India’s packaged beverages business had recorded a 12 per cent growth, while coffee revenue had surged 56 per cent. The international branded business had grown 15.4 per cent, and non-branded business revenue had increased 27 per cent year-on-year.

Stock Performance and Market Details

On January 22, Tata Consumer Products shares were trading at Rs 1,175.20 on the BSE, up Rs 11.90 or 1.02 per cent. The stock opened at Rs 1,163.70, touched a high of Rs 1,188.50 and a low of Rs 1,163.70 during the session. The previous close was Rs 1,163.30.

The stock’s 52-week high stands at Rs 1,220.70, while the 52-week low is Rs 934. The company’s full market capitalisation is Rs 1,16,292.06 crore. Tata Consumer Products is part of the BSE 100 index and operates in the tea and coffee industry.

In terms of performance, the stock has gained 0.34 per cent over the past week, declined 0.30 per cent over one month, and risen 8.39 per cent over six months. On a one-year basis, the stock is up 21.38 per cent. Over three years, it has gained 61.18 per cent, while the five-year return stands at 103.52 per cent.