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Tata Chemicals FY11 net dips 7% to Rs 408 cr

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BS Reporter Mumbai

Tata Chemcials has posted 7% dip in its net profit to Rs 408.4 crore for the year ended March 31, 2011 as compared to Rs 434.7 crore previous year.

Total income  for the fiscal 2011 increased to  Rs 6,440.8 crore from Rs. 5,669.2 crore, up by 13.61%.

Profit before tax from inorganic chemicals was down 24.34% at Rs 377. 03 crore (Rs 498.34 crore) while the fertiliser component was up by 18.64% to Rs 401.38 crore (Rs 338.33 crore).

Agriculture inputs were down to Rs 1.73 crore from Rs 2.71 crore.

Shares of Tata Chemicals scrip was down 3% on the BSE to close at Rs 350.90 on Monday.

 

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First Published: May 23 2011 | 4:36 PM IST

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