Business Daily from THE HINDU group of publications
Thursday, Jul 27, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate Results - Tea
Get Latest BSE Quote
Tata Tea PAT marginally up

Our Bureau

Mumbai , July 26

Tata Tea has reported a 2.64-per-cent increase in its profit after tax at Rs 44.56 crore for the June quarter against Rs 43.41 crore in the year-ago period.

In the year-ago period, the company had an exceptional income of Rs 11 crore on the sale of estates in south India.

Profit before interest, depreciation and tax rose by 27 per cent to Rs 55.67 crore. The growth was driven by improved brand profitability, favourable impact of plantation restructuring and higher investment income.

Income from operations moved up to Rs 254.35 crore from Rs 236.46 crore. This was higher by eight per cent despite exit from a major part of the south India plantations mainly driven by a strong performance of the branded tea sales, which increased by six per cent and improved export sales.

The company's consolidated net profit was lower at Rs 80.07 crore against the year-ago figure of Rs 86.38 crore.

Total income consolidated for the quarter was up 12 per cent at Rs 806.37 croreon account of higher branded tea sales in both the domestic and international markets. Shares of Tata Tea gained Rs 20.45 to touch Rs 752.65 on the BSE.

More Stories on : Tea | Tata Tea Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Bharti Airtel Q1 profit up 48 pc


BEML posts 21% rise in PAT
Tata Chemicals net rises 16%
ONGC net rises
HPCL in loss
Sun Pharma Q1 net profit up 20 pc
GSK Pharma Q2 net falls 12 pc
Wyeth Q1 net profit down 8%
Dabur Pharma Q1 net up 10.4%
Tata Tea PAT marginally up
Harrisons Malayalam net down
Morarjee PAT up
Colgate PAT higher at Rs 36 cr
Impal Q1 net up at Rs 2.6 cr
M&M Q1 net up 41 pc
Siemens net profit up 43 pc
Pidilite Ind Q1 net rises 24 pc
Essel Propack net flat at Rs 9.7 cr
State Bank of Mysore Q1 net up 9 pc
SBT net up at Rs 54 cr in Q1


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line