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Tata Chemicals Q2 net profit up nearly 7% on strong sales

The company had reported a net profit of Rs 408.82 crore in the year-ago quarter.

PTI|
Last Updated: Oct 30, 2019, 04.13 PM IST
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New Delhi: Tata Chemicals on Wednesday posted a 6.9 per cent rise in consolidated net profit at Rs 437.05 crore during the September quarter on the back of strong sales.

The company had reported a net profit of Rs 408.82 crore in the year-ago quarter, Tata Chemicals said in a regulatory filing.

Total income rose to Rs 3,176.04 crore during the July-September quarter from Rs 3,084 crore in the same period last year.

Expenses also increased to Rs 2,702.61 crore from Rs 2,592.45 crore in the said period, the filing said.

Shares of the company fell 1.51 per cent to close at Rs 612 apiece on the BSE.
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