Friday, November 11, 2011

Tata Chemical Q2 net profit up 116.5% at Rs 275 cr

Tata Chemical has reported a consolidated net profit of Rs 275 crore in the second quarter of FY12, a sharp growth of 116.5% as compared to Rs 127 crore in the corresponding quarter of last fiscal.

Consolidated net sales shot up 20.8% to Rs 3,540 crore from Rs 2,930 crore during the same period.

The company has reported a forex loss of Rs 47 crore in the July-September quarter of FY12 versus gain of Rs 2 crore in a year ago period.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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