Saturday, Apr 20 2024 | Time 08:36 Hrs(IST)
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Business Economy


Kolkata, Aug 5 (UNI) Tata Chemicals on Thursday reported income from operations on consolidated basis at Rs 2,977 Cr, up by 27% as compared to Rs 2,348 Cr of the corresponding quarter of last
year.
The Company today declared its financial results for the quarter ended on June 30, 2021.
Consolidated PAT for the quarter was at Rs 342 Cr, up by 362%, as compared to Rs 74 Cr for corresponding quarter of last year. This was mainly due to rebound in Soda Ash volumes in US
and India.
Consolidated Gross Debt stood at Rs 7,284 Cr, as compared to Rs 6,933 Cr as on March 21.
Also Cash & equivalent stood at Rs 3,293 Cr, as compared to Rs 3,104 Cr as on March 21.
The Company’s results by reporting segments showed income from operations for the Basic Chemistry Products at Rs 2,173 Cr, up by 30%, and Specialty Products at Rs 797 Cr, up by 18%.
Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Ltd., said,
“Our priority continues to be safety of our employees and ensuring business continuity. During the
first quarter, we ensured agile servicing of customer demand and cost control. The capacity
expansion at Tata Chemicals, Mithapur and Rallis, Dahej is on schedule. With the business
environment steadily improving, we are well positioned to grow across customer segments”.
UNI BM
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