Tata Chemicals net at Rs 605 crore

Tata Chemicals net at Rs 605 croreTata Chemicals has declared its annual financial results for the fiscal year 2009-10 and this year figures are marginally down from previous year records.

The company has posted a consolidated net profit of Rs 605.90 crore for the year that ended in 31st March, 2010. It was reported to be Rs 648 crore for last year.

This net profit figure has marginally declined in this financial year. This has been informed by Tata Chemicals in a filing at the Bombay Stock Exchange.

So far as the annual total income of the firm is concerned, it has touched Rs 9,712.6 crore during the fiscal year 2009-10. It had a total income of Rs 12,832.6 crore for the preceding year.

The standalone net profit of the company was reported to be Rs 434.7 crore for the fourth quarter this year. It was Rs 552 crore in the same period last year. The company has informed that it is going to issue 1.15 crore shares to the promoter of the company in a separate filling to the Bombay Stock Exchange.