Tata Tea Q4 net profit falls to Rs.3.89 crores, down 80% YOY

Tata Tea Ltd has announced the audited financial results for the quarter & year ended March 31, 2007. The results for the Quarter ended March 31, 2007 are as follows: The Company has posted a profit after tax of Rs 38.90 million for the quarter ended March 31, 2007 where as the same was at Rs 193.20 million for the quarter ended March 31, 2006. Total Income is Rs 2590.30 million for the quarter ended March 31, 2007 where as the same was at Rs 2435.30 million for the quarter ended March 31, 2006.

The results for the Year ended March 31, 2007 are as follows: The Company has posted a profit after tax of Rs 3065.70 million for the year ended March 31, 2007 where as the same was at Rs 1869.30 million for the year ended March 31, 2006. Total Income is Rs 11461.10 million for the year ended March 31, 2007 where as the same was at Rs 10400.10 million for the year ended March 31, 2006.

The consolidated results for the Year ended March 31, 2007 are as follows: The Group has posted a Group Consolidated Net Profit of Rs 4433.50 million for the year ended March 31, 2007 where as the same was at Rs 2991.50 million for the year ended March 31, 2006. Total Income is Rs 41032.20 million for the year ended March 31, 2007 where as the same was at Rs 31508.60 million for the year ended March 31, 2006.

Previous period's figures have been regrouped, to the extent necessary, to conform to current period's figures. These figures are not strictly comparable with figures reported for the current year, due to business acquisitions in the current year.

Source : Equity Bulls

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