Tata Consumer is poised to report its first-quarter earnings on Tuesday. 

What Happened: The Tata Group company is expected to post healthy growth in its revenue and net profit, based on the average of three brokerages.

Net profit is estimated to improve by 20.3% year-on-year to about ₹318 crore in the April-to-June quarter. Revenue is likely to jump by 19% to ₹4,450 crore in the period.

Meanwhile, EBITDA is also expected to improve, with EBITDA margin to come in the range of 15.2% to 16%.

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Brokerage Views: Kotak Institutional Equities expects a 13.5% year-on-year growth in the company’s India foods business, led by 8% and 35% growth in the salts and Sampann business, respectively, and a 12.5% growth in international tea. The company's NourishCo business is likely to grow by 14% aided by a strong summer, the brokerage said.

Motilal Oswal sees the India-branded tea business growing by 3% from the same period last year, led by volume growth of 3%. NourishCo is likely to continue its strong performance, it said. Tea and coffee prices are the key monitorables, the research firm added.

Nirmal Bang estimates the firm to clock in a 20% rise in revenue from the year-ago period. "We expect volume growth to be in low single-digits for the India beverages business, the India foods business is projected to record strong mid-double-digit growth after several quarters," it said.

Price Action: Shares of Tata Consumer were down 0.53% at ₹1,195.05 on Tuesday ahead of the earnings.

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