Mumbai3 days ago
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Tata Group’s company Tata Chemicals Limited has a los of Rs 21 crore in the third quarter of FY 2024-25. In the same quarter of a year ago, the company was at a profit of Rs 194 crore. At the same time, the company had a profit of Rs 267 crore in the last quarter (July-September).
Tata Chemicals generated a revenue of Rs 3,590 crore by operating in the October-December quarter. It has decreased by 3.75% on an annual basis. In October-December last year, the company generated a revenue of Rs 3,730 crore. Tax-free money from selling goods and services is revenue.
Net income reduced by 12% on quarterly basis
In the second quarter (Q2FY25), the company came to the company as a revenue of Rs 3,999 crore. If the other earnings were mixed, the total earning was Rs 4,107 crore. Net income has decreased by 11.91% in the third quarter (Q3Fy25).
What is standalone and consolidated?
Companies’ results come in two parts- Standalone and Consolidated. Financial performance of only one unit is shown in standalone. Whereas, the entire company reports are given in the consolidated or consolidated financial report.
Tata Chemicals stock dropped 10% in 6 months
After the quarterly results, the stock of Tata Chemicals fell 1.69% to close at 948 today i.e. on Monday (3 February). In the last one month, the company has fallen 7.77%, 9.99% in six months and 3.19% in a year. The market cap of this company of Tata Group is Rs 24,150 crore.
The company was established in 1939
Tata Chemicals Limited of Tata Group is an Indian multinational company. The company works to make chemicals, crop protection and specialty chemistry products. This company was established in 1939. The company’s headquarters are in Mumbai and its operation is in India, Europe, North America and Africa.
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Tata Steel’s profit decreased by 43% in the third quarter: Revenue also fell 3% to ₹ 53,231 crore; Share fell 22.30% in 6 months
Tata Steel has made a profit of Rs 295 crore in the third quarter of FY 2024-25. It has decreased by 43% on an annual basis. The company made a profit of Rs 522.14 crore in the same quarter of a year ago.
Tata Steel released the results of the October-December quarter on Monday (January 27). During this time the company generated a revenue of Rs 53,648 crore from the operation. It has declined by 3% on an annual basis. In the third quarter of FY 2023-24, the company generated a revenue of Rs 55,312 crore. The amount from selling goods and services is called revenue or revenue.
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