Quotes with Resistance & Support
Market Information
Tata Coffee dips 7% on disappointing Q3 nos
This article was posted on Jan 19, 2012 and is filed under Market News
Tata Coffee has dipped 7% to Rs 801 after reporting 52% year-on-year (y-o-y) drop in net profit at Rs 24.03 crore for the quarter ended December 31, primarily due to poor performance of one of its coffee brand – Eight O’ Clock. The company had a net profit of Rs 49.73 crore in a year ago quarter. Total operational income grew 19% at Rs 415.89 crore on y-o-y basis.
The performance of the Eight ‘O’ Clock (EOC) has been impacted on account of sharp escalation of in the raw material cost, Tata Coffee said in a filing to the stock exchanges.
Total raw material cost increased by 89% to Rs 198 crore during the recently concluded quarter.
A combined 218,174 shares have changed hands on the counter so far on both the exchanges
Source: Business Standard
Similar Posts:
Latest Query
Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
- by Sam
Status: Awaiting reply
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
