|
Audited
financial results for the year ended March 31, 2005
March 31, 2005
| (Rs.
in Crores) |
|
|
Particulars |
Unaudited |
Audited |
| Nine
Months ended 31 December, 2004 |
Quarter
ended 31 March, 2005 |
Corresponding
Quarter in the Previous Year |
Year
ended 31 March, 2005 |
Year
ended 31 March, 2004 |
| 1 |
Sales
/ Income from Operations |
2,370.81 |
752.60 |
593.29 |
3,123.41 |
2,652.73 |
| |
Less
: Excise Duty |
82.23 |
33.04 |
28.13 |
115.27 |
108.58 |
| |
Net
Sales/ Income from Operations |
2,288.58 |
719.56 |
565.16 |
3,008.14 |
2,544.15 |
| 2 |
Expenditure |
|
|
|
|
|
| |
a) |
Decrease
/ (Increase) in stock-in-trade |
128.94 |
(87.89) |
(55.87) |
41.05 |
(21.68) |
| |
b) |
Consumption
of Raw Materials |
803.10 |
319.08 |
254.10 |
1,122.18 |
975.47 |
| |
c) |
Cost
of Traded Goods |
179.47 |
57.09 |
23.00 |
236.56 |
157.50 |
| |
d) |
Staff
Cost |
78.42 |
28.01 |
24.20 |
106.43 |
97.93 |
| |
e) |
Stores,
Spare Parts and Consumables |
96.81 |
47.79 |
63.32 |
144.60 |
139.80 |
| |
f) |
Power
& Fuel |
281.97 |
99.10 |
77.29 |
381.07 |
321.68 |
| |
g) |
Freight
and Forwarding Charges |
148.95 |
49.40 |
35.28 |
198.35 |
173.02 |
| |
h) |
Other
Expenditure |
188.77 |
73.60 |
69.51 |
262.37 |
240.64 |
| |
|
Total
Expenditure (2a to 2h) |
1,906.43 |
586.18 |
490.83 |
2,492.61 |
2,084.36 |
| 3 |
Profit
from Operations (1-2) |
382.15 |
133.38 |
74.33 |
515.53 |
459.79 |
| 4 |
Other
Income |
59.32 |
11.55 |
5.53 |
70.87 |
38.85 |
| 5 |
Interest
on Refunds of Tax |
22.75 |
8.12 |
6.29 |
30.87 |
38.26 |
| 6 |
Interest
Expense (net) |
19.29 |
5.28 |
7.96 |
24.57 |
50.91 |
| 7 |
Profit
after Interest but before Depreciation, |
|
|
|
|
|
| |
Exceptional
Items and Tax (3+4+5-6) |
444.93 |
147.77 |
78.19 |
592.70 |
485.99 |
| 8 |
Depreciation |
102.54 |
35.16 |
36.26 |
137.70 |
144.15 |
| 9 |
Profit
before Exceptional Items and Tax (7-8) |
342.39 |
112.61 |
41.93 |
455.00 |
341.84 |
| 10 |
Exceptional
Items |
|
|
|
|
|
| |
Employees'
Separation Compensation |
1.47 |
0.59 |
0.88 |
2.06 |
15.76 |
| 11 |
Profit
before Tax (9-10) |
340.92 |
112.02 |
41.05 |
452.94 |
326.08 |
| 12 |
Taxes |
111.50 |
0.89 |
11.40 |
112.39 |
105.55 |
| 13 |
Profit
after Tax (11-12) |
229.42 |
111.13 |
29.65 |
340.55 |
220.53 |
| 14 |
Paid
up Equity Share Capital |
|
|
|
|
|
| |
(Face
value : Rs. 10 per Share) |
215.16 |
215.16 |
215.16
* |
215.16 |
215.16
* |
| 15 |
Reserves
excluding Revaluation Reserves |
|
|
|
1,784.02 |
1,820.18 |
| 16 |
Earnings
- Rs. per Share (not annualised) |
|
|
|
|
|
| |
-
Basic |
10.66 |
5.16 |
1.38 |
15.84 |
10.25 |
| |
-
Diluted |
10.66 |
4.78 |
1.38 |
15.53 |
10.25 |
| 17 |
Aggregate
of Non-Promoter Shareholding |
|
|
|
|
|
| |
-
Number of Shares |
156,894,617 |
156,893,639 |
160,214,769 |
156,893,639 |
160,214,769 |
| |
-
Percentage of shareholding |
72.94% |
72.94% |
74.48% |
72.94% |
74.48% |
| *
After adjustment of Rs.34.46 Crores for Shares issued
to the shareholders of erstwhile Hind Lever Chemicals
Limited |
Segmentwise
revenue, results and capital employed
(Rs
in crores) |
| |
Particulars |
Nine
Months ended 31 December, 2004 |
Quarter
ended 31 March, 2005 |
Corresponding
Quarter in the Previous Year |
Year
ended 31 March, 2005 |
Year
ended 31 March, 2004 |
| 1 |
Segment
Revenue |
|
|
|
|
|
| |
a.
Inorganic Chemicals |
815.67 |
319.65 |
262.90 |
1,135.32 |
1,012.14 |
| |
b.
Fertilisers |
1,472.91 |
399.91 |
307.16 |
1,872.82 |
1,551.75 |
| |
Total |
2,288.58 |
719.56 |
570.06 |
3,008.14 |
2,563.89 |
| |
Less
: Inter segment revenue |
- |
- |
4.90 |
- |
19.74 |
| |
Net
Sales / Income from Operations |
2,288.58 |
719.56 |
565.16 |
3,008.14 |
2,544.15 |
| 2 |
Segment
Result |
|
|
|
|
|
| |
Profit
/ (Loss) before Tax and Interest |
|
|
|
|
| |
a.
Inorganic Chemicals |
152.83 |
69.45 |
35.64 |
222.28 |
205.64 |
| |
b.
Fertilisers |
159.20 |
48.59 |
14.08 |
207.79 |
151.90 |
| |
Total |
312.03 |
118.04 |
49.72 |
430.07 |
357.54 |
| |
Less
: |
|
|
|
|
|
| |
(i)
Interest - net |
19.29 |
5.28 |
7.96 |
24.57 |
50.91 |
| |
(ii)
Unallocable income net of |
(48.18) |
0.74 |
0.71 |
(47.44) |
(19.45) |
| |
unallocable
expenditure |
|
|
|
|
|
| |
Profit
before Tax |
340.92 |
112.02 |
41.05 |
452.94 |
326.08 |
| 3 |
Capital
Employed |
|
|
|
|
|
| |
a.
Inorganic Chemicals |
797.59 |
876.78 |
894.30 |
876.78 |
894.30 |
| |
b.
Fertilisers |
1,247.73 |
1,238.54 |
1,464.76 |
1,238.54 |
1,464.76 |
Notes:
- During the quarter,
the Board approved an investment of Rs.166 crore for
a 1/3rd equity stake in Indo Maroc Phosphore
S.A. (IMACID), Morocco, a phosphoric acid manufacturer.
Consequently the Company has acquired the shares on
May 2,2005 from the two existing JV partners.
- During the quarter the
Company has issued Foreign Currency Convertible Bonds
(FCCBs) aggregating to US$150 million with a coupon
rate of 1 % per annum.
- The amounts debited
to Securities Premium Account are (a) Rs.13.90 crore
towards FCCB issue expenses, and (b) Rs.137.03 crore
towards provision for premium payable on redemption
of FCCBs.
- Status of complaints
received from investors during the quarter, complaints
resolved and those pending
are as follows:
|
Particulars
of Complaints |
Numbers |
| Outstanding
as on 1 January, 2005 |
8
|
| Received
during the quarter |
12 |
| Resolved
during the quarter |
17
|
| Outstanding
as on 31 March, 2005 |
3
|
|
|
- The Directors have recommended
payment of dividend at Rs.6.50 per share of face value
Rs.10/- each aggregating Rs.158.09 crore including
dividend tax for the year 2004-05 (previous year Rs.133.47
crore @ Rs.5.50 per share).
- The previous period
figures have been regrouped/rearranged wherever necessary.
This
has been taken on record in the board meeting of date.
| Place:
Mumbai
Date:
May
31, 2005 |
Tata
Chemicals Limited
Ratan N Tata
Chairman
|
|
|
