Tata Chemicals posted at 7.5% decline in its net profit at Rs 200 crore for the first quarter ended June 30, 2011. For the year ago period it was Rs 216 crore.
However, net sales sprang 17% to Rs 2,954 crore as against Rs 2,523 crore a year ago.
Company shares rise marginally to Rs 354 at 1430 hrs on BSE.