Mumbai: Tata Coffee Ltd, an integrated coffee plantation company that is an equal partner in Starbucks Corp.’s Indian joint venture, on Monday reported a consolidated net profit of 25.40 crore in the quarter ended 30 June, missing analyst expectations.

The company’s net profit was 30.31 crore in the year-ago quarter.

Consolidated total income from operations at 396.04 crore increased by 5.74% from 374.52 crore in the year-ago quarter.

A Bloomberg analyst had estimated net profit at 41 crore on net sales of 425.7 crore.

Tata Coffee gained 0.55% to close at 92.15 per share on Monday on the BSE, while the benchmark index, Sensex lost 0.15% to close at 28420.15 points. The BSE FMCG Index lost 0.15% to close at 7,955.51 points.

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