Tata group company Tata Chemicals today reported a consolidated profit after tax of Rs 107.04 crore for the first quarter of the current fiscal, a 22 per cent decline from that in the corresponding period a year ago.
The company had a consolidated profit after tax of Rs 137.38 crore for the same quarter in the last fiscal, it said in a filing to the Bombay Stock Exchange.
The consolidated total income rose to Rs 2,222.15 crore for the quarter ended June 30 of FY'09 from Rs 1,141.44 crore for the corresponding quarter a year ago.
On standalone basis, Tata Chemicals announced a profit after tax of Rs 58.67 crore for the first quarter ended June 30, a 51 per cent decline from that in the corresponding period a year ago.
The company had a standalone profit after tax of Rs 121.16 crore for the same quarter previous fiscal, the filing added.
The standalone total income rose to Rs 1,236.97 crore for the June quarter, from Rs 681 crore for the same period a year ago.
Shares of the company closed at Rs 305.90, up 1.19 per cent on the BSE.