Tata Chemicals FY07 consolidated net at Rs508 crore
Business Standard — May 31, 2007

Tata Chemicals has posted a consolidated net profit of Rs508.04 crore for the year ended March 31, 2007 while it was Rs428.34 crore for FY06.

According to an official release issued by Tata Chemicals to the BSE today, its total income for the year ended March 31, 2007 rose to Rs5907.35 crore from Rs4117.77 crore for the year ended March 31, 2006.

On a stand-alone basis, the company has posted a profit of Rs444.21 crore for the year ended March 31, 2007 whereas it was Rs353.03 crore for FY06. Its total income for FY07 is Rs4088.74 crore whereas it was Rs3601.94 crore for FY06.

For the quarter ended March 31, 2007, the company has posted a profit of Rs94.44 crore whereas it was Rs64.42 crore for Q4FY06. Tata Chemicals' total income for the quarter is Rs814.68 crore whereas it was Rs779.16 crore, in Q4FY06.

In a separate release, the board of the company at its meeting held today has recommended payment of dividend at Rs8 per share aggregating to Rs201.33 crore including dividend tax.