Tata Industries, an unlisted company engaged in the business of promoting new companies in the Tata bailiwick, recorded a net profit of Rs 6.35 crore for the financial year ended March 31, 2001, up from Rs 4.26 crore for the fiscal 1999-2000. This was despite its total income having dropped to Rs 110.9 crore from Rs 140.5 crore in the previous fiscal year.
As on March 31, 2001, the share capital and reserves