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Tata Chemicals second quarter net
dips by 8.32 per cent to Rs 43.4 crore
The Economic Times — October
30, 2001
Tata Chemicals has reported an 8.3-per-cent decline in net
profit to Rs 43.4 crore for the second quarter ended September
30, ’01, compared with Rs 47.3 crore during the corresponding
period last year. Net sales for the quarter were also lower
at Rs 388 crore against Rs 458 crore a year ago. Gross profit
(before interest, depreciation and tax) was at Rs 121.7 crore
against Rs 131.3 crore. While interest for the period was
lower at Rs 30.8 crore against Rs 40.2 crore, depreciation
was at Rs 33 crore, compared with Rs 33.5 crore. The company
has reported a 30 per cent rise in net profit at Rs 56.6 crore
during the first six months against Rs 43.5 crore in the same
period last year.
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