Tata Chemicals net profit up 14% in Q1
Its income from operations on consolidated basis was at Rs. 2 769 crore up by 10 per cent from Rs 2 527 crore in the corresponding period last year.
The company reported that its income from operations for basic chemistry products at Rs 63 crore was up 3 per cent consumer products segment at Rs 108 crore up 33 per cent and specialty products at Rs 116 crore up 25 per cent.
Company s Managing Director R. Mukundan said: "Our India s Basic Chemistry products business registered a robust performance on the back of improved operational efficiencies a better sales mix and better realisations.
"On the global front performance of the North American operations reflects planned shut down and Kenyan operations were impaired by heavy rains."
He also said the consumer business reported a robust growth on the back of higher volumes from Tata Salt.
--IANS bdc/nir