Tata Chem net up at Rs 353 cr, Mirc PAT at Rs 33 cr
The Financial Express — May 31, 2006

Tata Chemicals has posted a 4% rise in net profit for fiscal 2005-06 to Rs 353 crore from Rs 341 crore reported in fiscal 2004-05. Revenues have also grown higher by 17% this to Rs 3,517 crore from Rs 3,008 crore in the previous fiscal. For the fourth quarter of fiscal 2005-06, net profit has declined to Rs 64.42 crore from Rs 111.13 crore in the corresponding quarter last fiscal. Revenues in the same period have gone up 4.65% to Rs 753.09 crore from Rs 719.56 crore. However, Q4 FY04 and Q4 FY05 are not comparable because the non-recurring provisions and expenditure due to repairs at manufacturing facilities enhanced expenditure.