Tata Global Beverage today posted 93.9 per cent jump in consolidated net profit to Rs 78.28 crore in the quarter ended September 30,2011. In the quarter ended September 30,2010,the Tata group company,which sells tea brands like Tata Tea and Tetley,had a net profit of Rs 40.37 crore,the company said in a filing to the BSE. During the quarter under review,the company had net sales of Rs 1,612.03 crore,11.32 per cent increase from Rs 1,448.10 crore in the year-ago period. On standalone basis,the companys net profit increased by 66.15 per cent to Rs 50.46 crore. It had a net profit of Rs 30.37 crore in the corresponding quarter last fiscal. During the quarter,the firms net sales stood at Rs 498.16 crore,up by 13.09 per cent from Rs 440.47 crore recorded in the year-ago period.
