Tata Chemicals records Rs 74.17 cr net loss in Q4

Tata Chemicals today reported a net loss of Rs 74.17 crore for the quarter ended March 31, 2015.
It had posted a net loss of Rs 1,225.72 crore in the year-ago period, Tata Chemicals, a Tata group firm, said in a filing with the BSE.
Total income rose to Rs 3,765.38 crore during the fourth quarter of last fiscal from Rs 3,752.35 crore in the corresponding period of 2013-14.
For 2014-15, Tata Chemicals posted a net profit of Rs 596.46 crore as compared to net loss of Rs 1,032 crore in the previous year.
Total income increased to Rs 17,320.91 crore in the last financial year from Rs 16,027.77 crore in 2013-14.

The company's share price fell by 3.84 per cent to Rs 428.10 apiece on the BSE.

Tata Chemicals also informed that the board at its meeting held today recommended dividend of 100 per cent (Rs 10 per ordinary share) for 2014-15 and a special dividend of 25 per cent (Rs 2.50 per ordinary share) on the occasion of the company's platinum Jubilee year, aggregating 125 per cent (Rs 12.50 per ordinary share).
The dividend, if approved by the members at the Annual General Meeting to be held on August 11, 2015, will be paid to shareholders on and from August 14, 2015.

Tata Chemicals is into manufacturing of fertilisers, salt, soda ash and allied chemicals. The company also sells pulses under Tata i-Shakti brand and water purifier under Tata Swach brand.