Tata Chemicals Q2 Results: Profit jumps 3-fold YoY to Rs 628 cr

Tata Chemicals Q2 Results: Profit jumps 3-fold YoY to Rs 628 cr
PTI
Rate Story
Share
Font Size
Save
Comment
Synopsis

Net income rose 39.62 per cent to Rs 4,299 crore as against Rs 3,079 crore in the year-ago period.

Agencies
on Thursday reported nearly three-fold jump in consolidated net profit at Rs 628 crore for September quarter 2022-23 on strong income. The company had clocked Rs 221 crore profit in the same quarter a year ago, according to a regulatory filing.

Net income rose 39.62 per cent to Rs 4,299 crore as against Rs 3,079 crore in the year-ago period.

Expenses increased to Rs 3,623 crore from Rs 2,805 crore.

The company's stock settled 0.67 up at Rs 1,188.05 on the BSE on Thursday.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on Tata Chemicals Ltd.. Explore Now