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tamilnadu petroproducts ltd (TNPETRO) Details

Tamilnadu Petroproducts Limited engages in the manufacture and sale of petrochemicals primarily in India. The company offers linear alkyl benzene, a surfactant used in the manufacture of household and industrial cleaning agent; epichlorohydrin that is used in the manufacture of epoxy resins, pesticides, and certain pharmaceutical formulations; and heavy alkylate. It also provides caustic soda for use in textile, pulp and paper, soaps and detergents, and aluminium industries; chlorine that is used in sectors like vinyl chloride, CPW, pulp and paper, water purification, chlorinated solvents, etc.; hydrochloric acid; ammonium chloride; and sodium hypo chlorite. Tamilnadu Petroproducts Limited was founded in 1984 and is based in Chennai, India.

Founded in 1984

tamilnadu petroproducts ltd (TNPETRO) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: 782.0K
Compensation as of Fiscal Year 2013.

tamilnadu petroproducts ltd (TNPETRO) Key Developments

Tamilnadu Petroproducts Ltd. Announces Management Changes

Tamilnadu Petroproducts Ltd. announced that Mr. M. Pazhaniandy Pillai (DIN-06874820) has been appointed as an Additional Director/Wholetime Director of the company at the Board meeting held on May 28, 2014. Mr. C. Ramachandran, IAS (Retd.) (DIN-00050893) Mr. N. R. Krishnan, IAS (Retd.) (DIN00047799) Dr. K.U. Mada (DIN00011395) and Mr. Dhananjay N. Mungale (DIN-00007563) have been appointed as independent Directors under Section 149, 150 and other applicable provisions of the Companies Act, 2013, subject To Approve the shareholders at the 29,h Annual General Meeting to be held during the year 2014. Mr. K R Anandan has been appointed as the Chief Financial Officer in compliance with Section 203 of the Companies Act, 2013. Ms. R Deepti has been appointed as the Company Secretary and Compliance Officer with effect from June 1, 2014 in the place of Mr. R Kothandaraman.

Tamilnadu Petroproducts Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014 and Audited Consolidated Earnings Results for the Full Year Ended March 31, 2014

Tamilnadu Petroproducts Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2014 and audited consolidated earnings results for the full year ended March 31, 2014. For the quarter, on standalone basis, the company reported net sales or income from operations, net of excise duty of INR 2,807.1 million compared to INR 3,126.5 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional item was INR 11.5 million compared to loss from operations before other income, finance costs and exceptional item of INR 181 million for the same period a year ago. Profit before tax was INR 8.8 million compared to loss before tax of INR 437.3 million for the same period a year ago. Net profit after tax was INR 5.8 million compared to net loss after tax of INR 367.7 million for the same period a year ago. Basic and diluted earnings per share were INR 0.06 compared to LPS of INR 4.09 for the same period a year ago. For the year, on standalone basis, the company reported net sales or income from operations, net of excise duty of INR 10,510.4 million compared to INR 12,789.9 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional item was INR 354.5 million compared to INR 445.0 million for the same period a year ago. Loss before tax was INR 556.0 million compared to INR 725.3 million for the same period a year ago. Net loss after tax was INR 373.0 million compared to INR 505.6 million for the same period a year ago. Basic and diluted loss per share was INR 4.15 compared to INR 5.62 for the same period a year ago. For the year, on consolidated basis, the company reported net sales or income from operations, net of excise duty of INR 10,510.4 million compared to INR 12,790.1 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional item was INR 324.8 million compared to INR 445.1 million for the same period a year ago. Loss before tax was INR 486.4 million compared to INR 521.6 million for the same period a year ago. Net loss after tax was INR 304.0 million compared to INR 301.9 million for the same period a year ago. Basic and diluted loss per share was INR 3.90 compared to INR 3.78 for the same period a year ago.

Tamilnadu Petroproducts Ltd. to Report Fiscal Year 2014 Results on May 27, 2014

Tamilnadu Petroproducts Ltd. announced that they will report fiscal year 2014 results on May 27, 2014

 

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