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 [https:// | + | 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>[https://www.evdennakliyateve.com/ evdennakliyateve.com] The chemical manufacturer's consolidated net profit for [https://evigetir.com/evdeneve/baba.html evden eVe NAkliYAt] the three months ended Sept.<br><br>30 came in at 6.28 billion Indian rupees ($76. Should you have virtually any inquiries with regards to wherever and also how you can work with [https://evigetir.com/evdeneve/filomuz.html EVden eve NaKliyAT], you are able to email us at the web-page. 17 million), [https://mostolesweed.com/a-mexican-soccer-icon-entered-politics-prosecutors-say-narcos-12/ evDen eve NaKliYaT] 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 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, [https://nifty.wiki/Russia_apos;s_Polymetal_Negotiates_To_Keep_London_Listing_As_GDRs evDen evE NAKliYaT] a TTCH subsidiary, also reported a 25.9% 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> |
