Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income from operation at Rs. 15895 crores.
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Key performance and financial highlights:
Standalone
-Soda Ash demand continues to be robust.
-Fertiliser sales on expected lines.
-Consumer products business continues with its portfolio extension, growth in line with expectation.
-FOS trial production at Chennai plant started. Commercial output expected by Q2 FY15.
Consolidated
-European business restructuring on track. Winnington facility ceases production of Soda Ash on 3rd Feb 2014.
-Global soda ash demand stable and improving gradually.
-Rallis India Q4 net sales up by 16% to Rs. 324 Crs / PAT up by 71% at Rs.19 Crs.
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Financial Highlights for the FY14:
Standalone FY14
-Income from Operations at Rs. 8690 Crs.
-Profit from Operations at Rs. 928 Crs.
-PBT at Rs. 569 Crs.
-PAT at Rs. 436 Crs.
-EPS at Rs. 17.12 (Annualised).
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Key Provisions
Tata Chemicals Magadi Limited (TCML) – Impairment of fixed assets and goodwill amounting to Rs. 924 Crs. PAM plant under stress due to continued impact of high energy cost.
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
EPM – Rs. 180 Crs provided towards diminution in value of investment in view of significant decline in the share price as compared to the carrying value of the investment.
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Tata Chemicals Europe – Restructuring cost provided towards closure of Winnington facility Rs. 242 Crs
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Consolidated FY14
-Income from Operations at Rs. 15895 Crs.
-Profit from Operations at Rs. 1809 Crs.
-PBT at Rs. (519) Crs.
-PAT after minority interest at Rs. (1032)Crs.
-EPS at Rs. (40.51) (Annualised).
Tata Chemicals Limited (TCL), a global company with LIFE as its business — Living, Industrial and Farm Essentials reported a 8% jump in its income #
Tata Chemicals
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