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 | + | 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 [https://realitysandwich.com/_search/?search=robust%20growth robust growth] and was among the few [https://www.britannica.com/search?query=industries 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://evigetir.com/evdeneve/evden-eve-google-nakliye-hizmeti.html 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, [https://evigetir.com/evdeneve/uluslararasi.html evDen Eve NaKLiyaT] elevated by 32.42 billion rupees of basic chemistry products revenue.<br> Agri-input business Rallis India Ltd, [https://sildenafilob.com/italy-pushes-retail-bonds-eyeing-inflation-and-ecb-tapering-2/ 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. If you have any thoughts relating to where and how to use [https://evigetir.com/evden-eve-nakliyat.html EVden EvE NAKliyAT], [https://evigetir.com/evdeneve/temizlik.html evdEN eVE NAKLiyat] you can get hold of us at our own website. 4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)<br> |
