Tata Chemicals Q2 net profit at Rs 222.83 cr

Tata Chemicals reported a consolidated net profit of Rs 222.83 crore for Q2.

Tata group firm Tata Chemicals on Thursday reported a consolidated net profit of Rs 222.83 crore for the second quarter ended September 30,while it had a net profit of Rs 277.70 crore in the same period last fiscal.

The company said the current quarter figures are not comparable with that of the previous fiscal due to the reasons which include differences in exchange loss arising out of restatement of long term borrowing.

The company reported net sales at Rs 2,229.50 crore for the latest quarter ended September 30,while it stood at Rs 4,784.69 crore in the same period previous year,Tata Chemicals said in a filing to the Bombay Stock Exchange (BSE).

Shares of Tata Chemicals were on Thursday trading at Rs 251.95 on the BSE,down 6.02 per cent from its previous close.

Modi speaks to Trump, Netanyahu: ‘Historic’

‘That’s a big step’: Trump says PM Modi ‘assured’ him India won’t purchase Russian oil

India1 hr ago

US President Donald Trump claims that Indian Prime Minister Narendra Modi has promised to stop purchasing Russian oil, after the US imposed tariffs on India for those imports. Trump plans to pressure China to do the same in an effort to cut off Moscow's energy revenues. He also speaks highly of his relationship with PM Modi and their recent discussions regarding India's imports of Russian oil.

View all shorts

Live Blog

PHOTOS