Tata Chemicals Q1 Net Profit Surges by 86% to Rs.637 Crores

Tata Chemicals

Tata Chemicals Ltd reported its first quarter results revealing that the company’s net profit stood at Rs.342 crore in the corresponding quarter of the earlier fiscal, as told by Tata Chemicals in a regulatory filing.

The Indian Chemical conglomerate on Tuesday revealed a decent 86.25 per cent rise in consolidated net profit at Rs 637 crore in first quarter ending June.

As reported in a regulatory filing, Tata Chemical’s net profit stood at Rs 342 crore in the corresponding quarter of the previous fiscal.

The shares of the company on Tuesday settled 0.95 per cent up at Rs 957.15 per unit on BSE.

The revenue from operations of Tata Chemicals Ltd during the first quarter under review was at Rs. 3,995 crore as compared to Rs. 2,978 crore in the same period of the last year; revealing an impressive growth of 34.15 per cent.

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