Tata Chemicals has posted a net profit of Rs 164.95 crore for 2000-2001 as against Rs 117.29 crore last year.
This is on the back of other income of Rs 220.54 crore from interest earnings following its merger with Sabras Investment, a wholly-owned subsidiary.
Had it not been for the merger with Sabras, Tata Chemicals would have posted a loss in the 2000-01 fiscal. The company