Tata Chemicals posts Rs.1.07 bn net profit

July 30th, 2008 - 11:28 pm ICT by IANS  


Mumbai, July 30 (IANS) Tata Chemicals Ltd’s consolidated net profit for the first quarter of 2008-09 declined to Rs.1.07 billion ($25.5 million) from Rs.1.37 billion of the year-ago period. However, the company’s total revenues during the period increased to Rs.22.22 billion from Rs.11.41 billion of the same period last year.

On standalone basis, Tata Chemicals has posted a net profit of Rs.586.70 million during the quarter against Rs.1.21 billion of the previous year quarter.

The company’s total income surged to Rs.12.36 billion from Rs.6.81 billion.

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