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 | + | BENGALURU, [https://evigetir.com/evdeneve/baba.html EVDen EVe nakliyAt] 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://www.behance.net/search/projects/?sort=appreciations&time=week&search=chemistry%20products 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. If you adored this article and you would like to [https://sportsrants.com/?s=receive receive] more info concerning [https://evigetir.com/filomuz.html EVDEn eVE nakLiyat] kindly visit our own web site. 17 million), [https://evigetir.com/depolama.html eVdEN EvE NaKliyAt] compared with 2.21 billion rupees a year ago.<br> The chemical industry in India has shown robust growth and [https://evigetir.com/index.html eVDEn eve naKliyat] 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, [https://dekatrian.com/index.php/User:AprilMarx22624 evDen EVE naKLiyAt] 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, 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> |
