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{"id":75862,"date":"2023-06-16T18:03:10","date_gmt":"2023-06-16T18:03:10","guid":{"rendered":"https:\/\/www.announcement.news\/?p=75862"},"modified":"2023-06-16T18:03:10","modified_gmt":"2023-06-16T18:03:10","slug":"indias-tata-chemicals-nearly-triples-q2-profit-26","status":"publish","type":"post","link":"https:\/\/www.announcement.news\/indias-tata-chemicals-nearly-triples-q2-profit-26\/","title":{"rendered":"India's Tata Chemicals nearly triples Q2 profit"},"content":{"rendered":"

BENGALURU, Oct 27 (Reuters) – Tata Chemicals<\/a> 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> 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 detergents and as a raising agent in baked goods, has been witnessing strong growth for EVdEN eVe naKliYAt<\/a> 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, EVDen EVE nakLiYAt<\/a> a TTCH subsidiary, also reported a 25.9% rise in its September quarter net profit to 710.5 million rupees last week.Here’s more information on eVdeN eVe NakLiyAt<\/a> look into our web site. ($1 = 82.4520 Indian rupees) (Reporting by Meenakshi Maidas in Bengaluru; Editing by Janane Venkatraman)<\/p>\n<\/div>\n

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

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. 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 […]<\/p>\n","protected":false},"author":16214,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5105],"tags":[5078],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/75862"}],"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\/16214"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=75862"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/75862\/revisions"}],"predecessor-version":[{"id":75863,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/75862\/revisions\/75863"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=75862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=75862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=75862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}