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- Tata Chemicals Q1 Results: Tata Chemicals Net Profit Falls 68% To Rs 190 Crore, Revenue Down 10%
Mumbai1 minute ago
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Tata Group’s Tata Chemicals Limited’s profit in the first quarter (April-June) of FY 2024-25 fell 68% year-on-year (YoY) to ₹190 crore. The company’s consolidated net profit in the same quarter a year ago was ₹587 crore.
Tata Chemicals has released its first quarter results today i.e. on August 5. The consolidated revenue i.e. income from the company’s operations has declined by 10% on an annual basis.
Revenue in the first quarter stood at ₹3,789 crore
Revenue from operations stood at ₹3,789 crore in the first quarter of FY25. Revenue stood at ₹4,218 crore in the same quarter a year ago i.e. the first quarter of FY24.
Tata Chemicals shares fell 3.50% today
Tata Chemicals’ share today fell 3.50% to close at ₹ 1,049. Its share has increased by only 0.94% in the last one year. The share has increased by 7.12% in the last 6 months. The company’s market cap is Rs 27.42 thousand crores.
What is standalone and consolidated?
The results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given.
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