Tata Chemicals posts Rs.1.07 bn net profitJuly 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.