Difference between revisions of "India apos;s Tata Chemicals Nearly Triples Q2 Profit"
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| − | BENGALURU, Oct 27 (Reuters) - Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, helped by a strong performance in its basic chemistry products segment.<br> The chemical manufacturer's consolidated net profit for the three months ended Sept.<br><br>30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a year ago.<br> The chemical industry in India has shown robust growth and was among the few industries that pulled through the COVID-19 pandemic, as many industries pursued the China-plus-one strategy.<br> The demand for [https:// | + | BENGALURU, Oct 27 (Reuters) - Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, [https://skins-demo-next.wmcloud.org/wiki/Driver_Slammed_After_Cat_Carrier_Is_Spotted_Strapped_To_A_Car_apos;s_Roof aK] helped by a strong performance in its basic chemistry products segment.<br> The chemical manufacturer's consolidated net profit for the three months ended Sept.<br><br>30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a year ago.<br> The chemical industry in India has shown robust growth and was among the few [https://www.behance.net/search/projects/?sort=appreciations&time=week&search=industries industries] that pulled through the COVID-19 pandemic, as many industries pursued the China-plus-one strategy.<br> The demand for [https://evigetir.com/evdeneve/evden-eve-google-montaj-fatura-abone.html aK] soda ash and bicarb, used to make soaps and detergents and as a raising agent in baked goods, has been witnessing strong growth for [https://evigetir.com/ntpc/form.html t] the company.<br> The consolidated revenue from operations rose 40.3% to 42.39 billion rupees, elevated by 32.42 billion rupees of basic chemistry products revenue.<br> Agri-input business Rallis India Ltd, a TTCH subsidiary, also reported a 25.9% rise in its September quarter net profit to 710.5 million rupees last week.<br><br>When you adored this article in addition to you want to obtain more information relating to [https://evigetir.com/evdeneve/evden-eve-nakliyat.html aK] i implore you to visit the internet site. ($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)<br> |
Revision as of 18:22, 7 June 2023
BENGALURU, Oct 27 (Reuters) - Tata Chemicals Ltd on Thursday reported a second-quarter profit that nearly tripled, aK helped by a strong performance in its basic chemistry products segment.
The chemical manufacturer's consolidated net profit for the three months ended Sept.
30 came in at 6.28 billion Indian rupees ($76.17 million), compared with 2.21 billion rupees a year ago.
The chemical industry in India has shown robust growth and was among the few industries that pulled through the COVID-19 pandemic, as many industries pursued the China-plus-one strategy.
The demand for aK soda ash and bicarb, used to make soaps and detergents and as a raising agent in baked goods, has been witnessing strong growth for t the company.
The consolidated revenue from operations rose 40.3% to 42.39 billion rupees, elevated by 32.42 billion rupees of basic chemistry products revenue.
Agri-input business Rallis India Ltd, a TTCH subsidiary, also reported a 25.9% rise in its September quarter net profit to 710.5 million rupees last week.
When you adored this article in addition to you want to obtain more information relating to aK i implore you to visit the internet site. ($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)
