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Tata
Chem net up
Business Standard July
22, 2005
Tata
Chemicals has posted a net profit of Rs 65 crore for
the quarter ended June 30, an increase of 42 per cent
from Rs 46 crore in the corresponding quarter of the
previous year.
Income from operations for the
quarter stood at Rs 510 crore, marginally up by 1.96
per cent from the corresponding quarter in the previous
year.
As this was the first complete
quarter wherein it did not use naphtha as a fuel to
make urea, there was no price escalation component in
the income from operations, a media release said.
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