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{"id":71948,"date":"2023-05-14T15:31:04","date_gmt":"2023-05-14T15:31:04","guid":{"rendered":"https:\/\/www.announcement.news\/?p=71948"},"modified":"2023-05-14T15:31:04","modified_gmt":"2023-05-14T15:31:04","slug":"indias-tata-chemicals-nearly-triples-q2-profit-13","status":"publish","type":"post","link":"https:\/\/www.announcement.news\/indias-tata-chemicals-nearly-triples-q2-profit-13\/","title":{"rendered":"India's Tata Chemicals nearly triples Q2 profit"},"content":{"rendered":"

BENGALURU, EVdeN eve nAKliYAT<\/a> 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.<\/p>\n

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.<\/p>\n

The chemical industry in India has shown robust growth and was among the few industries that pulled through the COVID-19 pandemic, EVdEn EvE NakLiyAt<\/a> as many industries pursued the China-plus-one strategy.<\/p>\n

The demand for soda ash and bicarb, used to make soaps and EVden eve NAkliyaT<\/a> detergents and as a raising agent in baked goods, has been witnessing strong growth for the company.<\/p>\n

The consolidated revenue from operations rose 40.3% to 42.39 billion rupees, elevated by 32.42 billion rupees of basic chemistry products revenue.<\/p>\n

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.($1 = 82. If you liked this post and you would certainly such as to receive additional info regarding EVdEn Eve NAKLiyaT<\/a> kindly see the webpage. 4520 Indian rupees) (Reporting by Meenakshi Maidas<\/a> in Bengaluru; Editing by Janane Venkatraman)<\/p>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

BENGALURU, 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. 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 […]<\/p>\n","protected":false},"author":17026,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5083],"tags":[5078],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/71948"}],"collection":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/users\/17026"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=71948"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/71948\/revisions"}],"predecessor-version":[{"id":71949,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/71948\/revisions\/71949"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=71948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=71948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=71948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}