Recent acquisitions help shore up Tata Consumer revenue

At 14.9%, the company's operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it was lower than the previous three quarters. TCPL's revenues from the beverage business in India grew 3%. Excluding the Organic India acquisition, growth of its beverage business declined 4% due to subdued demand.