Tata Chemicals Q1 net soars 61%

Tata Chemicals Q1 net soars 61%
PTI
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First Published: Fri, Jul 27 2007. 03 24 PM IST
Updated: Fri, Jul 27 2007. 03 24 PM IST
Mumbai: Inorganic chemicals maker Tata Chemicals today posted a 60.8% rise in profit after tax (PAT) at Rs 121.16 crore for the first quarter ended 30 June, compared to Rs 75.35 crore in the corresponding period last year.
However, the total income (net of excise) declined by 10.4% at Rs 681 crore for the June quarter, against Rs 760.06 crore for the same period last year, the Tata Group company informed the Bombay Stock Exchange (BSE).
The consolidated PAT of the group increased to Rs 137.38 crore for the first quarter from Rs 88.61 crore last year, while its consolidated income decreased to Rs 1,146.35 crore from Rs 1,216.65 crore last year.
Shares of Tata Chemicals were last trading at Rs 250, down 2.76% on the BSE.
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First Published: Fri, Jul 27 2007. 03 24 PM IST
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