Tata Chemicals has posted a net profit of Rs 65 crore for the quarter ended June 30, an increase of 42 per cent from Rs 46 crore in the corresponding quarter of the previous year.

Income from operations for the quarter stood at Rs 510 crore, marginally up by 1.96 per cent from the corresponding quarter in the previous year.

As this was the first complete quarter wherein it did not use naphtha as a fuel to make urea, there was no price escalation component in the income from operations, a media release said.