Tata Chemicals Q1 Profit Plunges 72% to Rs 150 Cr
Aug 05, 2024 17:47
Tata Chemicals reported a sharp decline in Q1 profit to Rs 150 crore, driven by lower income and increased expenses. Read more.
New Delhi, Aug 5 (PTI) Tata Chemicals on Monday reported a 72 per cent decline in its consolidated net profit to Rs 150 crore for the first quarter of this fiscal year.
Its net profit stood at Rs 532 crore in the year-ago period.
Total income also declined to Rs 3,836 crore in the April-June period of 2024-25 from Rs 4,267 crore in the corresponding period of the previous year, according to a regulatory filing.
Total expenses increased to Rs 3,621 crore from Rs 3,527 crore during the period under review.
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