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Tata Chemicals reports marginal rise in Q2 consolidated net profit

11 Nov 2016 Evaluate

Tata Chemicals has reported results for second quarter ended September 30, 2016.    

The company has reported 46.39% fall in its net profit at Rs 118.82 crore for the quarter under review as compared to Rs 221.62 crore for the same quarter in the previous year. Total income of the company decreased by 33.67% at Rs 1643.51 crore for the quarter under review as compared Rs 2477.71 crore for the corresponding quarter previous year.        

On the consolidated basis, the company has reported 0.08% rise in its net profit after tax, share of profit / (loss) in Joint Ventures and Associates at Rs 293.04 crore for the quarter ended September 30, 2016 as compared to Rs 292.80 crore for the same quarter in the previous year. Total Income of the company has decreased by 17.36% to Rs 3522.29 crore for quarter under review from Rs 4262.09 crore for the quarter ended September 30, 2015.    

Peers
Company Name CMP
Godrej Industries 986.05
SRF 2513.60
BASF India 3345.60
Pidilite Inds. 1480.15
Tata Chemicals 589.80
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