Saturday, June 2, 2007

Tata Tea FY07 cons net up 48.2% to Rs 443cr

Tata Tea has announced its Q4 and FY07 results. The company's FY07 standalone net profit was up 63.6% to Rs 306 crore (Rs 3.06 billion) and consolidated net profit up by 48.2% at Rs 443 crore (Rs 4.43 billion).

Total income has gone up by 10.02% to Rs 1146 crore (Rs 11.46 billion) for FY07 and consolidated total income surged by 30.2% to Rs 4,103 crore (Rs 41.03 billion).

The company's Q4 standalone net profit stood at Rs 3.9 crore (Rs 39 million) versus Rs 19.3 crore (Rs 193 million) and total income was up by 6.6% to Rs 259 crore (Rs 2.59 billion).

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