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 [https://www. | + | BENGALURU, [https://evigetir.com/evdeneve/montaj.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 chemistry products segment.<br> The [https://www.huffpost.com/search?keywords=chemical%20manufacturer%27s 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 treasured this [https://en.search.wordpress.com/?q=article article] and you simply would like to get more info pertaining to [https://evigetir.com/filomuz.html EvDeN eVE nAKLiYAt] generously visit the webpage. 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 [https://careked.com/community/profile/lelagillis22636/ EvdEn eve NAkLiYAT] 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, 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> |
