|
Quarterly results
Unaudited
financial results for the quarter ended 31 December, 2004
|
(Rs in crores)
|
|
|
Particulars
|
Unaudited
|
Audited
|
|
Quarter ended 31 December, 2004
|
Corresponding Quarter in the Previous
Year
|
Nine Months ended 31 December, 2004
|
Corresponding Nine Months in the
Previous Year
|
Year ended 31 March, 2004
|
|
1
|
Sales / Income from Operations
|
1,069.67
|
783.07
|
2,370.81
|
2,059.44
|
2,652.73
|
|
|
Less : Excise Duty
|
30.53
|
28.19
|
82.23
|
80.45
|
108.58
|
|
|
Net Sales/ Income from Operations
|
1,039.14
|
754.88
|
2,288.58
|
1,978.99
|
2,544.15
|
|
2
|
Expenditure
|
|
|
|
|
|
|
|
a)
|
Decrease / (Increase) in stock-in-trade
|
204.51
|
79.28
|
128.94
|
34.19
|
(21.68)
|
|
|
b)
|
Consumption of Raw Materials
|
283.71
|
244.58
|
803.10
|
721.37
|
975.47
|
|
|
c)
|
Cost of Traded Goods
|
125.47
|
65.12
|
179.47
|
134.50
|
157.50
|
|
|
d)
|
Staff Cost
|
27.66
|
25.86
|
78.42
|
73.73
|
97.93
|
|
|
e)
|
Stores, Spare Parts and Consumables
|
36.77
|
25.83
|
96.81
|
76.48
|
139.80
|
|
|
f)
|
Power & Fuel
|
96.57
|
85.33
|
281.97
|
244.39
|
321.68
|
|
|
g)
|
Freight and Forwarding Charges
|
55.70
|
48.21
|
148.95
|
137.74
|
173.02
|
|
|
h)
|
Other Expenditure
|
78.36
|
59.92
|
188.77
|
171.13
|
240.64
|
|
|
|
Total Expenditure (2a to 2h)
|
908.75
|
634.13
|
1,906.43
|
1,593.53
|
2,084.36
|
|
3
|
Profit from Operations (1-2)
|
130.39
|
120.75
|
382.15
|
385.46
|
459.79
|
|
4
|
Other Income
|
29.46
|
6.47
|
59.32
|
33.31
|
38.85
|
|
5
|
Interest on Refunds of Tax
|
22.23
|
16.26
|
22.75
|
31.97
|
38.26
|
|
6
|
Interest - net
|
6.15
|
11.93
|
19.29
|
42.95
|
50.91
|
|
7
|
Profit after Interest but before Depreciation,
Exceptional Items and Tax (3+4+5-6)
|
175.93
|
131.55
|
444.93
|
407.79
|
485.99
|
|
8
|
Depreciation
|
34.03
|
36.05
|
102.54
|
107.89
|
144.15
|
|
9
|
Profit before Exceptional Items and
Tax (7-8)
|
141.90
|
95.50
|
342.39
|
299.90
|
341.84
|
|
10
|
Exceptional Items Employees'
Separation Compensation
|
0.49
|
3.59
|
1.47
|
14.88
|
15.76
|
|
11
|
Profit before Tax (9-10)
|
141.41
|
91.91
|
340.92
|
285.02
|
326.08
|
|
12
|
Taxes
|
44.82
|
32.76
|
111.50
|
94.15
|
105.55
|
|
13
|
Profit after Tax (11-12)
|
96.59
|
59.15
|
229.42
|
190.87
|
220.53
|
|
14
|
Paid up Equity Share Capital
(Face value : Rs. 10 per Share)
|
215.16
|
215.16 *
|
215.16
|
215.16 *
|
215.16 *
|
|
15
|
Reserves excluding Revaluation Reserves
|
|
|
|
|
1,820.18
|
|
16
|
Basic and Diluted Earnings - Rs. per
Share
(not annualised)
|
4.49
|
2.75
|
10.66
|
8.87
|
10.25
|
|
17
|
Aggregate of Non-Promoter Shareholding
|
|
|
|
|
|
|
|
- Number of Shares
|
156,894,617
|
160,216,769
|
156,894,617
|
160,216,769
|
160,214,769
|
|
|
- Percentage of shareholding
|
72.94%
|
74.48%
|
72.94%
|
74.48%
|
74.48%
|
|
* After adjustment of Rs 34.46 crore for shares
issued to the shareholders of erstwhile Hind Lever Chemicals
Limited
|
Segmentwise
revenue, results and capital employed
|
(Rs in crores)
|
|
|
Particulars
|
Quarter ended 31 December, 2004
|
Corresponding Quarter in the Previous
Year
|
Nine Months ended 31 December, 2004
|
Corresponding Nine Months in the
Previous Year
|
Year ended 31 March, 2004
|
|
1
|
Segment Revenue
|
|
|
|
|
|
|
|
a. Inorganic Chemicals
|
297.16
|
253.53
|
815.67
|
749.24
|
1,012.14
|
|
|
b. Fertilisers
|
741.98
|
506.41
|
1,472.91
|
1,244.59
|
1,551.75
|
|
|
Total
|
1,039.14
|
759.94
|
2,288.58
|
1,993.83
|
2,563.89
|
|
|
Less : Inter segment revenue
|
-
|
5.06
|
-
|
14.84
|
19.74
|
|
|
Net Sales / Income from Operations
|
1,039.14
|
754.88
|
2,288.58
|
1,978.99
|
2,544.15
|
|
2
|
Segment Result
|
|
|
|
|
|
|
|
Profit / (Loss) before Tax and Interest
|
|
|
|
|
|
|
a. Inorganic Chemicals
|
42.41
|
47.87
|
152.83
|
170.00
|
205.64
|
|
|
b. Fertilisers
|
65.72
|
45.53
|
159.20
|
137.82
|
151.90
|
|
|
Total
|
108.13
|
93.40
|
312.03
|
307.82
|
357.54
|
|
|
Less :
|
|
|
|
|
|
|
|
(i) Interest - net
|
6.15
|
11.93
|
19.29
|
42.95
|
50.91
|
|
|
(ii) Unallocable income net of unallocable
expenditure
|
(39.43)
|
(10.44)
|
(48.18)
|
(20.15)
|
(19.45)
|
|
|
Profit before Tax
|
141.41
|
91.91
|
340.92
|
285.02
|
326.08
|
|
3
|
Capital Employed
|
|
|
|
|
|
|
|
a. Inorganic Chemicals
|
797.58
|
935.81
|
797.58
|
935.81
|
894.30
|
|
|
b. Fertilisers
|
1,247.73
|
1,317.42
|
1,247.73
|
1,317.42
|
1,464.76
|
Notes:
- Revenue in respect of urea is recognised
based on the provisional concessional rates notified by
the government pending fixation of the final concessional
rates. Claims for escalation on input cost have been taken
into account based on the estimates, pending final notification
of the rates by the government.
- Other income includes Rs 27.92 crore
towards profit on sale of a long term investment sold during
the quarter.
-
Status of complaints
received from investors during the quarter, complaints
resolved and those pending are as follows:-
|
Particulars of Complaints
|
Numbers
|
|
Outstanding as on 1 October, 2004
|
8
|
|
Received during the quarter
|
14
|
|
Resolved during the quarter
|
14
|
|
Outstanding as on 31 December,
2004
|
8
|
|
|
-
The Statutory Auditors
have carried out a ‘Limited Review’ of the results for
the quarter and nine months ended 31 December, 2004.
- The previous period's figures have
been restated to include those of the Phosphatics Division,
formerly Hind Lever Chemicals Limited, and these have been
regrouped / rearranged wherever necessary.
This has
been taken on record in the board meeting of date.
|
Place:
Mumbai
Date:
January
18, 2005
|
Tata
Chemicals Limited
Ratan N Tata
Chairman
|
|
