BackTata Chemicals Q1 net soars 61%
Tata Chemicals Q1 net soars 61%
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Mumbai: Inorganic chemicals maker Tata Chemicals today posted a 60.8% rise in profit after tax (PAT) at ₹ 121.16 crore for the first quarter ended 30 June, compared to ₹ 75.35 crore in the corresponding period last year.
However, the total income (net of excise) declined by 10.4% at ₹ 681 crore for the June quarter, against ₹ 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 ₹ 137.38 crore for the first quarter from ₹ 88.61 crore last year, while its consolidated income decreased to ₹ 1,146.35 crore from ₹ 1,216.65 crore last year.
Shares of Tata Chemicals were last trading at ₹ 250, down 2.76% on the BSE.
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