Tide Water Oil Co (I) Limited

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BSE Code: 590005 NSE Code: TIDEWATER

Business Profile
Business Profile
Tide Water Oil (TIDWATOC) produces lubricants for automobiles - engine oils, two wheeler lubricants, gear and transmission oils and greases. The company has five plants located in Howrah, Faridabad, Silvassa, Mumbai and Chennai.

It`s plants have obtained ISO 9001 & 140001 certifications. The company has a network of over 50 depots spread all over the country. Its brand Veedol is widely recognised.

The company belongs to the Andrew Yule group and has its registered office in Kolkata. Arindom Mukherjee is its chairman.

Financials
Tide Water Oil (India) registered a 26.79% growth in net profit to Rs 42.6 million for the quarter ended June 2007 from a profit of Rs 33.6 million for the quarter ended June 2006.

Net sales rose 23.93%, to Rs 1031.57 million for the quarter ended June 2007 from Rs 832.38 million for the quarter ended June 2006.

Total income rose 24.15% to Rs 1040.04 million for the quarter ended June 2007 from Rs 837.74 million for the quarter ended June 2006.

The earnings per share (EPS), of the company stood at Rs 48.9 for the quarter ended June 2007.

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