Tata Chemicals reports 71% fall in Q3 consolidated net profit

06 Feb 2019 Evaluate

Tata Chemicals has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 64.96% in its net profit at Rs 128.37 crore for the quarter under review as compared to Rs 366.39 crore for the same quarter in the previous year. However, total income of the company increased by 12.34% at Rs 1042.23 crore for Q3FY19 as compared Rs 927.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 71.09% in its net profit at Rs 219.48 crore for the quarter under review as compared to Rs 759.07 crore for the same quarter in the previous year. However, total income of the company increased by 13.00% at Rs 2927.94 crore for Q3FY19 as compared Rs 2591.07 crore for the corresponding quarter previous year.

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