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Tata Chemicals net profit up 150% to Rs 185.11 crore

 
NEW DELHI: Tata Chemicals Ltd on Wednesday said its net profit for the quarter ended March 31, 2012, surged 150.75% to Rs 185.11 crore from Rs 73.82 crore in the year-ago period.

Total Income has increased to Rs 2,198.05 crore in the fourth quarter from Rs 1,398.81 crore for the March 2011 quarter, the company said in BSE filing.

The Company has posted a net profit after tax of Rs. 586.60 crore for the year ended March 31, 2012 as compared to Rs. 408.49 crore for the year ended March 31, 2011.

Total Income has increased from Rs. 6440.89 crore for the year ended March 31, 2011 to Rs. 8267.61 crore for the year ended March 31, 2012.

Shares of Tata Chemicals closed 0.5% lower at Rs 317.05. It has hit an intraday high of Rs 363.80 and a low of Rs 314.