The operating income of Tata Coffee has risen by 28 per cent to Rs. 321.79 crore in the three months ended September 30, 2012, from Rs. 251.82 crore in the same period in the previous year.
The profit after tax for the same period grew by 65 per cent to Rs. 52.26 crore from Rs. 31.73 crore during the same period last year.
The improved result is from instant coffee operation which continues to show a substantial growth, as also better operating result from coffee plantations coupled with a favourable foreign exchange on its exports, the company said in a release.
The consolidated operating income rose by 19 per cent to Rs.891.43 crore from Rs.751.24 crore in the previous year.
The profit after tax more than doubled to Rs. 65.02 crores for the period compared to Rs.30.84 crores of corresponding period in the previous year.
