Tata Chemicals Q2 Net Jumps By 91%
Tata Chemicals posted 91 per cent jump in its consolidated net profit at Rs 257.01 crore for the quarter ended on September 30, 2014. The company had clocked a net profit of Rs 134.44 crore in the year ago period. Total income from operations during the July-September quarter rose to Rs 4,803.15 crore as against Rs 4,343.97 crore in the year ago period, the company said in a statement. “The quarter and half year under review has been encouraging, apart from good performance by all businesses, the restructuring exercise is in progress, with early signs of improvements,” said, Tata Chemicals Managing Director R Mukundan.