Q3FY17 Results : Tata Chemicals
Bhagyashree Vivarekar / 08 Feb 2017
The company reported PAT of Rs 267.5 crore, which represents a sequential QoQ decline of 0.85 per cent and a YoY increase of 25.53 per cent.
Tata Chemicals Ltd. reported its consolidated results for the quarter ended December 31, 2016 today.
The company posted sales of Rs 3416.8 crore for Q3FY17, which represents a 5.2 per cent sequential increase and 12.83 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 451 crore and its EBIT margin was 13.2 per cent.
The company reported PAT of Rs 267.5 crore, which represents a sequential QoQ decline of 0.85 per cent and a YoY increase of 25.53 per cent.
Tata Chemicals is the world’s second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. It is the world’s third largest producer of sodium bicarbonate, which has applications that range from food to pharmaceuticals to air pollution control. The company's products are key ingredients for some of the world’s largest manufacturers of glass, detergents and other industrial products.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.