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Tata Chemicals Q3 net at Rs91.09 lakh

Tata Chemicals Q3 net at Rs91.09 lakh
PTI
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First Published: Wed, Jan 28 2009. 08 24 PM IST
Updated: Wed, Jan 28 2009. 08 24 PM IST
Mumbai: Tata Chemicals Ltd on Wednesday announced a consolidated net profit of Rs91.18 lakh for the third quarter (Q3) ended 31 December 2008.
The company had a consolidated net profit of Rs91.09 lakh in the same quarter last fiscal, Tata Chemicals said in a filing to the Bombay Stock Exchange.
The results of the December quarter are not comparable with the corresponding quarter of the previous year, it said.
It posted a consolidated net income of Rs35.10 crore for the quarter under review, whereas it was Rs17 crore in the December quarter of FY 08.
For the nine months ended 31 December 2008, its consolidated net profit was Rs4.75 crore whereas it was Rs4.36 crore in the same period last year.
It earned a consolidated net income of Rs103.63 crore for the nine month period in review while it was Rs45.62 crore in the same period a year ago.
Its standalone net profit stood at Rs5.83 lakh in the December quarter of 2008 whereas it was Rs1.25 crore in the same period previous year.
It earned a standalone total income of Rs25.65 crore during the third quarter in review, while it was Rs12.24 crore in December quarter of 2007.
For the nine months ended 31 December 2008, it posted a standalone net profit of Rs2.80 crore whereas it was Rs3.89 crore for the same period last year.
The standalone total income for the nine month period under review stood at Rs73.79 crore while it was Rs31.45 crore in the same period a year ago.
The financial results are not comparable as figures include profit after tax of Rs58.82 crore in respect of operations of General Chemicals Industrial Products Inc, a US based firm acquired by Tata Chemicals.
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First Published: Wed, Jan 28 2009. 08 24 PM IST