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People & Business :: Earnings/Finance
Tata Chemicals Reports Rise in Profits and Sales
8:16 AM MDT | May 25, 2011 | Deepti Ramesh
Tata Chemicals (Mumbai) recorded an 8% rise in net profits for the fiscal year ended March 31, 2011 to Rs6.53 billion ($145 million), compared with the previous fiscal year. Sales increased 16%, to Rs110.6 billion. Sales for the fiscal year at the companyâ€™s inorganic chemicals segment increased 0.5%, to about Rs54.2 billion, and sales at the companyâ€™s fertilizers segment increased 18%, to about Rs43 billion. The company reported a 14% rise in net profits for the fourth quarter ended March 31, to Rs1.46 billion and sales for the quarter increased 16%, to...
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