BENGALURU, E<\/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, 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 e N<\/a> 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<\/a> by 32.42 billion rupees of basic chemistry products revenue.<\/p>\n

Agri-input business<\/a> Rallis India Ltd, a TTCH subsidiary, also reported a 25. If you have any inquiries relating to exactly where and how to use E<\/a>, you can get in touch with us at our own page. 9% rise in its September quarter net profit to 710.5 million rupees last week.($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, E 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 […]<\/p>\n","protected":false},"author":22414,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5018],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76954"}],"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\/22414"}],"replies":[{"embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/comments?post=76954"}],"version-history":[{"count":1,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76954\/revisions"}],"predecessor-version":[{"id":76955,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/posts\/76954\/revisions\/76955"}],"wp:attachment":[{"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/media?parent=76954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/categories?post=76954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.announcement.news\/wp-json\/wp\/v2\/tags?post=76954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}