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Mumbai: Tata group firm Tata Chemicals on Thursday reported a consolidated net profit of Rs 222.83 crore for the second quarter ended September 30, while it had a net profit of Rs 277.70 crore in the same period last fiscal.
The company said the current quarter figures are not comparable with that of the previous fiscal due to the reasons which include differences in exchange loss arising out of restatement of long term borrowing.
The company reported net sales at Rs 2,229.50 crore for the latest quarter ended September 30, while it stood at Rs 4,784.69 crore in the same period previous year, Tata Chemicals said in a filing to the Bombay Stock Exchange (BSE).
Shares of Tata Chemicals were on Thursday trading at Rs 251.95 on the BSE, down 6.02 per cent from its previous close.
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