Tata Chemicals reported 14 per cent rise in its consolidated net profit to Rs 146 crore for the quarter ended March 31,2011. The net sales rose by 16 per cent to Rs 2,568 crore in the fourth quarter of 2010-11,the company said in a statement. Tata Chemicals' net profit for the 2010-11 fiscal rose by 8 per cent to Rs 653 crore from Rs Rs 605 crore in the previous fiscal. Net sales rose by 16 per cent to Rs 11,060 crores as compared to Rs 9,543 crore in the review period. "Our performance for the quarter and year under review is very encouraging especially considering the strong headwinds in the form of increasing input prices,rising interest rates and natural calamities across many regions of our operations," Tata Chemicals Managing Director R Mukundan said. The company's chemicals business has done well on the back of enhanced operations,increased volumes and stable margins,Mukundan added.
