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Tata Chemicals reports profit against loss in previous quarter
short by / on Tuesday, 6 August, 2024
Tata Chemicals Ltd., involved in manufacturing and exporting chemicals, surged nearly 3% after rebounding from a net loss of ₹841 crore to net profits of ₹190 crore in Q1 FY25. Despite industry challenges, the company reported a 9% quarter-over-quarter revenue growth and plans to enhance capacity with a ₹4,500 crore capex allocation for FY25-FY28.
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