Tata Chem net inches up 1 %

BS 200 SCORECARD

Tata Chemicals announced 1.2 per cent increase in net profit for the quarter ended December 2005 at Rs 97.81 crore as compared with Rs 96.59 crore for the corresponding quarter in 2004.

Net sales stood at Rs 1257.88 crore, 21 per cent higher over Rs 1,039.14 crore for the corresponding quarter last year.

Total income was Rs 1,268.63 crore, up 16.29 per cent over the year-ago period which was Rs 1,090.83 crore.

During the quarter, the company acquired 63.5 per cent share capital of Brunner Mond Group for a consideration of Rs 508 crore through it's wholly-owned overseas subsidiary.