Tata Coffee, India's largest coffee exporter, witnessed a fall in share price on Tuesday after the company announced a drop in consolidated net profit for the quarter ended March 2018.
During the quarter, the profit of the company declined 62.54% to Rs 224 million from Rs 598 million in the same quarter previous year.
Revenues for the quarter rose 10.03% to Rs 4,485.30 million, compared with Rs 4,076 million for the prior year period.
Shares of the company are trading at Rs 125.30, down Rs 8.35, or 6.25% at the Bombay Stock Exchange (BSE) on Tuesday at 10:59 a.m.
The scrip has touched an intra-day high of Rs 128.90 and low of Rs 124.10. The total volume of shares traded at the BSE is 100,660.