Difference between revisions of "India apos;s Tata Chemicals Nearly Triples Q2 Profit"
m |
m |
||
| Line 1: | Line 1: | ||
| − | BENGALURU, | + | 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 [https://economictimes.indiatimes.com/markets/forex/indian-rupee 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 soda ash and bicarb, used to make soaps and [https://legalacademy.net/blog/index.php?entryid=320075 EVDEn eve nAkliyaT] detergents and as a raising agent in baked goods, has been witnessing strong growth for 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, [https://evigetir.com/evdeneve/evden-eve-nakliyat-istanbul.html EvDEn EVE nAKliYAt] also reported a 25. If you have any type of questions regarding where and ways to use [https://evigetir.com/evdeneve/hakkimizda.html EvDEN EvE naKLiyAt], you can contact us at our page. 9% rise in its September quarter net profit to 710.5 million rupees last week.<br><br>($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)<br> |
Revision as of 09:31, 17 April 2023
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.
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 soda ash and bicarb, used to make soaps and EVDEn eve nAkliyaT detergents and as a raising agent in baked goods, has been witnessing strong growth for 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, EvDEn EVE nAKliYAt also reported a 25. If you have any type of questions regarding where and ways to use EvDEN EvE naKLiyAt, you can contact us at our page. 9% rise in its September quarter net profit to 710.5 million rupees last week.
($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)
