Tata
Coffee
Times
of India June 14, 2002
Tata Coffee has posted
a net profit of Rs 50.2 lakh for the fourth quarter
of 2001-02, down sharply from Rs 3.51 crore in the corresponding year-ago
period.Total income stood at Rs 41.67 crore as against
Rs 56.12 crore in the fourth quarter of 2000-01.Net
profit for the full year was at Rs 9.14 crore, down
32.7 per cent from Rs 13.5 crore in the previous fiscal,
while total income declined to Rs 178.56 crore
(Rs 211.93 crore). The board of directors has recommended
a 35 per cent dividend for the year 2001-02, which will
entail a payout of Rs 43.64 crore.
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