Tata Chemicals on Tuesday reported an 86.25 per cent increase in consolidated net profit at Rs 637 crore during the quarter ended June.

The company’s net profit stood at Rs 342 crore in the corresponding quarter of the previous fiscal, Tata Chemicals said in a regulatory filing.

Revenue from operations of the company went up by 34.15 per cent during the quarter under review at Rs 3,995 crore compared with Rs 2,978 crore in the same period of last fiscal.

Shares of the company on Tuesday settled 0.95 per cent up at Rs 957.15 apiece on BSE.

Tata Tele loss

Tata Teleservices (Maharashtra) on Tuesday reported narrowing of loss to Rs 295.1 crore in the first quarter of the current financial year. The company had posted a loss of Rs 318.45 crore in the same period a year ago.

Revenue from operations declined marginally to Rs 266.48 crore from Rs 268.03 crore a year ago.