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Tata Chemicals’ Q4 net profit slips 6%

23 May 2011 Evaluate

Tata Chemicals has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit for the fourth quarter has slipped by 6.05% at Rs 408.49 crore as compared to Rs 434.78 crore for the same quarter previous year. Its total income has increased by 13.61% at Rs 6440.89 crore for the quarter under review from Rs 5669.23 crore in the corresponding previous quarter.

On consolidated basis, the group’s net profit for the fourth quarter has jumped 7.85% at Rs 653.47 crore as compared to Rs 605.91 crore for the same quarter last year. Total income for the quarter has increased by 14.87% at Rs 11156.34 crore as compared to Rs 9712.36 crore for the corresponding previous quarter.

Tata Chemicals has approved payment of dividend at Rs 10.00 per share of face value of Rs 10 each and such dividend, if approved by the members at the Annual General Meeting to be held on August 09, 2011, will be paid on or after August 10, 2011.

Tata Chemicals Share Price

704.85 -4.20 (-0.59%)
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Peers
Company Name CMP
BASF India 3663.00
Tata Chemicals 704.85
SRF 2467.75
Pidilite Inds. 1393.50
Deepak Nitrite 1540.75
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