Tata Starbucks reports Rs 135.7 crore loss in FY25; revenue rises 5%

Tata Starbucks, the joint venture between Tata Consumer Products Ltd (TCPL) and US-based Starbucks Corporation, reported a net loss of Rs 135.7 crore in FY25, widening from Rs 82.16 crore in FY24, according to TCPL’s latest annual report.The company saw its revenue from operations rise by 5 per cent to Rs 1,277 crore, driven primarily by continued store expansion. In FY25, Tata Starbucks launched 58 new outlets and entered 19 additional cities, bringing its total footprint to 479 stores across 80 cities. This solidified its position as India’s largest organised café chain by store count.“The revenue from operations stood at Rs 1,277 crore, improved by 5 per cent...driven by a higher number of stores,” TCPL noted in the report.However, the broader quick service restaurant (QSR) sector faced overall demand weakness, contributing to modest sales growth and subdued profitability. TCPL highlighted that while Tata Starbucks leads in store count, the Indian café industry remains significantly under-penetrated compared to countries with similar per capita GDP.Looking ahead, the joint venture remains committed to its long-term goal of operating 1,000 stores by FY28, although it anticipates a slower pace of expansion in the near term.TCPL invested Rs 125 crore into the venture during FY25.The company also expects future growth from 'Tata MyBistro', a newly launched vending business catering to institutional clients with a range of beverages.