May 31 :     Cement major ACC Ltd has reported a net loss of Rs 58.85 crore for the year ended March 31, 2000, as against a net profit of Rs 56.84 crore in the previous year. The company posted a loss despite cement sales increasing from the previous year's 92.34 lakh tonnes to 99.45 lakh tonnes this year. The year saw the cement major post sales to the tune of Rs 2760.06 crore as against Rs 2,609.06 crore in the previous year. Despite its poor performance, the company declared a dividend of 10 per cent for the year. Expenditure was up mainly due to power and fuel expenses to Rs 350.88 crore as against Rs 299.66 crore last year. Operating profit stood at Rs 227 crore. The company has indicated that a major restructuring operation is on the anvil with the divestment of non-cement businesses. Interest cost was also marginally up from the previous year. Tata Chemicals Ltd has registered a 35 per cent fall in its net profit for the year ending March 31, 2000. Net profit slumped to Rs 117.29 crore as against Rs 181.67 crore in the previous year. During the year, Tata Chemicals clocked a net sales figure of Rs 1521.01 crore which was lower than Rs 1,464 crore recorded in the previous fiscal. Coupled to an investment income of Rs 117.36 crore which comprised Rs 79.95 crore being profit on sales of shares, and other income of Rs 21.92 crore, the total income was placed at Rs 1660.29 crore (Rs 1500.30 crore). Tata Chemicals said that sales and profits were higher in the fertiliser division despite the fact that it had to carry higher closing stocks of urea at the end of the year. Parke-Davis (India) Ltd ratcheted up its net profit by 140 per cent to Rs 16.61 crore for the year ended March 31, 2000 on the back of a 12 per cent rise in sales at Rs 200.39 crore. The board, which met here today, has not recommended any final dividend for 1999-2000, a company release said adding an interim dividend of 50 per cent was declared in April. Power major, BSES Ltd has posted a 13.54 per cent rise in net profit at Rs 306.82 crore for the year ended March 31, 2000, on total income of Rs 2,429.63 crore, which was up by 3.41 per cent compared to the previous year. Net sales rose by 10.69 per cent to Rs 1,947.87 crore, while income from EPC contracts and computers services dwindled to Rs 390.57 crore from Rs 500.40 crore. The directors recommended that the interim dividend of Rs 3.70 per share (37 per cent) paid earlier be taken as the final dividend for the reported year.