TATA CHEMICALS LIMITED

Article Abstract:

Tata Chemicals Limited (TCL), Mumbai, posted a net profit of Rs288.55 crore for 1997-98. TCL has declared a dividend of 65 percent. (vv) --------------------------------------------------------- Audited Financial Results of Tata Chemicals Limited (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales and operating income 1,648.35 1,623.76 --------------------------------------------------------- Total income 1,661.50 1,628.13 --------------------------------------------------------- Total expenditure 999.02 978.62 --------------------------------------------------------- Gross profit before interest and depreciation 662.48 649.51 --------------------------------------------------------- Interest 215.30 245.10 --------------------------------------------------------- Depreciation 115.13 114.09 --------------------------------------------------------- Tax 43.50 38.00 --------------------------------------------------------- Net profit 288.55 252.32 --------------------------------------------------------- Dividend (65%) 117.42 117.42 --------------------------------------------------------- Equity capital 180.70 180.70 ---------------------------------------------------------

Comment:

Posts net profit of Rs288.55 crore for 1997-98, & declares dividend of 65%

Tata Chemicals Ltd.

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NALCO CHEMICALS INDIA LIMITED

Article Abstract:

Nalco Chemicals India Ltd of Calcutta has announced its audited financial results for the year ended March 31, 1998. It has recommended a dividend of Rs2.70 per share for the year. The company has a paid up equity share capital of Rs500 lakh. (khr) ------------------------------------------------------------ Audited Financial Results of Nalco Chemicals India (Rs in lakh) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Net sales 3,571 3,970 ------------------------------------------------------------ Other income 22 44 ------------------------------------------------------------ Total expenditure 2,749 2,761 ------------------------------------------------------------ Interest 23 16 ------------------------------------------------------------ Gross profit after interest, 821 1,237 before depreciation & tax ------------------------------------------------------------ Depreciation 138 122 ------------------------------------------------------------ Tax 257 357 ------------------------------------------------------------ Net profit 426 758 ------------------------------------------------------------

Comment:

Recommends dividend of Rs2.70 per share for year ended 3/31/98

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NALCO CHEMICALS INDIA LIMITED

Article Abstract:

Nalco Chemicals India Limited of Calcutta has announced its unaudited financial results for the quarter ended December 31, 1998. (ag)(m)

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Subjects list: Chemicals, India, Article, Nalco Chemicals India Ltd.
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