Tata Starbucks Reports Sharply Reduced FY26 Loss as Store Count Surpasses 500 in India

Tata Starbucks Narrows Net Loss to ₹49.47 Crore in FY26

Tata Consumer Products Ltd (TCPL) has reported a significant improvement in the financial performance of its joint venture, Tata Starbucks, with the QSR chain narrowing its net loss to ₹49.47 crore in the financial year 2025-26. This marks a substantial decrease from the ₹135.7 crore loss reported in the previous fiscal year (2024-25).

The revenue of Tata Starbucks increased by 7 per cent to ₹1,367 crore, driven primarily by the expansion of stores. During the year, the company opened 23 net new stores, contributing to the growth. Additionally, innovation in beverages and food programmes, seasonal collaborations, and an enhanced gifting portfolio supported the growth.

Tata Starbucks' same-store sales growth (SSSG) was positive for the year, indicating an increase in sales for stores that have been operating for a year or more. The company has reached a major milestone of 500 stores, operating from 80 cities, and has strengthened its presence across metros while building momentum in Tier II and III cities.

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The expansion of stores was calibrated and phased, with a focus on improving profitability and operational efficiency. TCPL remains committed to expanding the store base, enhancing customer and partner experiences, and driving profitable growth through execution focus and productivity initiatives.

Tata Starbucks operates in a 50:50 joint venture with TCPL and US-based Starbucks Corporation. The company's strategy balances premium positioning with widening access, strengthening presence across metros while building momentum in Tier II and III cities.