Tata Consumer Products will be reporting its Q4FY21 earnings. The India foods business, which is taken from the Tata Chemicals consumer business, is likely to grow between 20-22 percent.

The beverages business in India, especially tea, is likely to grow over 25-30 percent. However, there could be a sharp gross margin compression of around 500-600 basis points on the back of higher tea prices although EBITDA margin is expected to be curtailed in terms of cut to around 150 basis points.

CNBC-TV18’s Mangalam Maloo gets details on what to expect from the numbers.

Watch the video for more.

(Edited by : Abhishek Jha)