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Tata Chemicals reports 32% rise in Q3 consolidated net profit

08 Feb 2017 Evaluate

Tata Chemicals has reported results for third quarter ended December 31, 2016.  

The company has reported 27.68% rise in its net profit at Rs 209.97 crore for the quarter under review as compared to Rs 164.45 crore for the same quarter in the previous year. However, total income of the company decreased by 20.27% at Rs 1944.19 crore for the quarter under review as compared Rs 2438.33 crore for the corresponding quarter previous year.       

On the consolidated basis, the company has reported 31.65% rise in its net profit after tax, share of profit in joint ventures and associates at Rs 318.39 crore for the quarter ended December 31, 2016, as compared to Rs 241.84 crore for the same quarter in the previous year. However, total income of the company decreased by 12.27% at Rs 3513.15 crore for the quarter under review as compared Rs 4004.32 crore for the corresponding quarter previous year.   

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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