Tata Consumer Products Limited has released its audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. The results were published in compliance with Regulation 33 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and were signed off by Managing Director and CEO Sunil D'Souza on May 08, 2026.

Consolidated Financial Performance

On a consolidated basis, the company reported total income from operations of ₹5433.62 crores for the quarter ended March 31, 2026, compared to ₹5112.00 crores in the preceding quarter ended December 31, 2025, and ₹4608.22 crores in the quarter ended March 31, 2025. For the full financial year ended March 31, 2026, consolidated total income from operations stood at ₹20280.43 crores, against ₹17618.30 crores in the year ended March 31, 2025.

The following table summarises key consolidated financial metrics:

Balance Sheet and Leverage Metrics

The consolidated net worth of the company as of March 31, 2026, stood at ₹23188.86 crores, compared to ₹22140.67 crores as of December 31, 2025, and ₹21390.30 crores as of March 31, 2025. Outstanding debt as of March 31, 2026, was ₹2819.51 crores, against ₹2504.37 crores at the end of Q3 FY26 and ₹2392.68 crores as of March 31, 2025. The debt equity ratio remained at 0.12 as of March 31, 2026, compared to 0.11 in the preceding quarter and in the year-ago period.

Key balance sheet and coverage metrics are presented below:

Standalone Financial Performance

On a standalone basis, total income from operations for the quarter ended March 31, 2026, was ₹3591.78 crores, compared to ₹3884.02 crores in Q3 FY26 and ₹3354.18 crores in Q4 FY25. For the full year ended March 31, 2026, standalone total income from operations was ₹14700.05 crores, against ₹12801.85 crores in FY25. Standalone profit before tax for Q4 FY26 stood at ₹421.11 crores versus ₹435.20 crores in Q3 FY26 and ₹356.79 crores in Q4 FY25, while profit after tax for the quarter came in at ₹315.16 crores compared to ₹320.84 crores in Q3 FY26 and ₹278.90 crores in Q4 FY25.

Regulatory Disclosures

The results represent an extract of the detailed format of quarterly financial results filed with the stock exchanges under Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the quarterly financial results is available on the websites of BSE Limited, the National Stock Exchange of India Limited, and the company's own website at www.tataconsumer.com . As noted in the filing, figures for the quarters ended March 31, 2026, and March 31, 2025, are balancing figures between audited figures for the respective full financial years and year-to-date reviewed figures up to the third quarter of the relevant financial year.

Tata Consumer Products Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 8, 2026. The company reported a landmark milestone, crossing ₹20,000 crores in consolidated revenue for FY26, reflecting broad-based, volume-led growth across its India and International businesses. The Board has recommended a final dividend of ₹10 per equity share of face value ₹1 each (1000%), up 21% year-on-year, for FY 2025-26, subject to shareholder approval at the ensuing Annual General Meeting.

Consolidated Financial Performance

On a consolidated basis, revenue from operations for Q4 FY26 grew 18% year-on-year to ₹5,433.62 crores. For the full year FY26, revenue from operations stood at ₹20,280.43 crores. Consolidated EBITDA for the quarter stood at ₹796 crores, up 27% YoY, with an EBITDA margin of 14.57% compared to 13.47% in Q4 FY25. For the full year, consolidated EBITDA reached ₹2,815 crores, up 12%. Profit before exceptional items and tax at ₹641.37 crores was higher by 32% for the quarter. Group Consolidated Net Profit for the quarter was ₹424.02 crores, higher by 22% year-on-year, while for the full year, it reached ₹1,546.80 crores.

The following table presents the key consolidated financial metrics:

The consolidated balance sheet as of March 31, 2026, reflected total assets of ₹34,452.96 crores and total equity of ₹23,188.86 crores. Key consolidated financial ratios for FY26 include an operating margin of 10.78%, net profit margin of 7.62%, current ratio of 1.57, and a debt-equity ratio of 0.12.

Consolidated Exceptional Items

Exceptional items for Q4 FY26 include fair value gains of ₹56 crores on remeasurement of contingent consideration, asset write-down of ₹34 crores, impairment of goodwill of ₹16 crores, and statutory impact of New Labour Codes of ₹3 crores. For the full year, exceptional items include fair value gains of ₹56 crores on remeasurement of contingent consideration, profit on sale of non-core assets of ₹35 crores, asset write-down of ₹69 crores, impairment of goodwill of ₹16 crores, and statutory impact of New Labour Codes of ₹26 crores.

Standalone Financial Performance

On a standalone basis, revenue from operations for Q4 FY26 grew to ₹3,591.78 crores. For the full year FY26, revenue from operations stood at ₹14,700.05 crores. Profit before exceptional items and tax for the quarter stood at ₹421.11 crores. Net profit after tax for the quarter was ₹315.16 crores. For the full year, net profit after tax reached ₹1,635.15 crores.

The following table summarises the key standalone financial metrics:

The standalone balance sheet as of March 31, 2026, showed total assets of ₹22,629.90 crores and total equity of ₹17,804.81 crores. Key standalone financial ratios for FY26 include an operating margin of 10.92%, net profit margin of 11.12%, current ratio of 1.40, and a debt-equity ratio of 0.04.

Standalone Exceptional Items

Exceptional items for Q4 FY26 include fair value gains on remeasurement of contingent consideration of ₹56 crores, fair value loss on financial instruments of ₹33 crores, impairment of investment in an associate of ₹21 crores, asset write-down of ₹34 crores, and statutory impact of New Labour Codes of ₹3 crores. For the full year, exceptional items include fair value gains on remeasurement of contingent consideration of ₹56 crores, profit on sale of non-core assets of ₹35 crores, fair value loss on financial instruments of ₹33 crores, impairment of investment in an associate of ₹21 crores, asset write-down of ₹34 crores, and statutory impact of New Labour Codes of ₹20 crores.

Segment Performance

The group's business is organised into Branded and Non-Branded segments, with the Branded segment further sub-categorised into India Business and International Business. The following table presents segment-wise revenue and results for FY26:

The 'Growth businesses' crossed ₹4,000 crore in FY26, accounting for 31% of India business, and grew 24% during the year. An executive has further indicated that the 'Growth' segment is expected to rise by 30%, reflecting continued confidence in the portfolio's expansion trajectory.

Innovation and Management Commentary

Innovation remained a core growth driver, with 80 new launches in FY26 across Health & Wellness, Convenience, and Premiumisation themes. Innovation-to-sales stood at 4.5%, described as best-in-class, with revenue from innovation having scaled 7X since FY21.

Commenting on the results, Sunil D'Souza, Managing Director & CEO of Tata Consumer Products, said: "We delivered a strong finish to FY26 with another quarter of consistent double-digit topline growth. Performance was broad-based across our core and growth businesses, reflecting sustained momentum in execution, innovation and brand building. The Foods business continued its strong trajectory with Tata Sampann recording exceptional growth momentum. Our 'Growth' businesses grew 24% in FY26 and accounted for 31% of the India business, demonstrating the steady transformation of our portfolio. Innovation continued to fuel our growth agenda with 80 new launches in FY26 across categories. As we move into the next phase of growth, we remain focused on building scale, strengthening our portfolio and consistently delivering value to consumers, customers and shareholders."