Tata Consumer Products targets double-digit growth for FY27

Tata Consumer Products Ltd (TCPL) is positioned to maintain double-digit revenue growth in FY27, leveraging healthy consumer demand and strong volume-led expansion across its portfolio, according to Managing Director and Chief Executive Officer Sunil D'Souza.

The Tata Group's FMCG flagship reported impressive results for the June quarter, with revenue climbing 12 per cent, EBITDA expanding 19 per cent and net profit surging 29 per cent. D'Souza emphasized that volume-led growth across categories signals underlying consumer resilience. "We expect consumption demand to remain healthy. The better part of the growth is that it is volume-led across categories, which indicates underlying consumer demand," he said.

The company attributed the recent uptick in consumer spending to government support measures, including income tax relief, GST recalibration and continued capital expenditure. These factors have collectively strengthened purchasing power and spending sentiment across the economy. However, TCPL remains watchful of cost pressures, signalling it may implement "calibrated price" increases across select product categories if elevated commodity, packaging and energy costs persist.

The positive momentum is expected to be sustained by TCPL's fast-growing food and beverage businesses, which have emerged as key growth drivers for the FMCG sector. The trajectory reflects broader optimism within India's consumer goods industry as demand indicators improve across urban and rural markets.