Tata Chem Q3 net higher at Rs 242 cr

摘要

Riding on a strong demand from the chemicals and salt business, Tata Chemicals has clocked a 58 per cent increase in standalone net profit, at Rs 242 crore for the third quarter. In the same quarter last year, the company had reported a Rs 153-crore net profit. Net sales for the quarter increased by 8.5 per cent to Rs 2531 crore (Rs 2331 crore). On a consolidated basis the net profit for the third quarter increased 6.6 per cent to Rs 272 crore (Rs 255 crore), while net sales went up 9.9 per cent to Rs 4,170 crore (Rs 3,793 crore).