Tata Chemicals Limited Reports Earnings Results for the Third Quarter Ended December 31, 2018
February 05, 2019 at 08:13 am EST
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Tata Chemicals Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 29,279.4 million compared to INR 25,910.7 million a year ago. Net income was INR 2,194.8 million compared to INR 7,590.7 million a year ago. Basic earnings per share from continuing operations was INR 8.61 compared to INR 21.41 a year ago. Basic earnings per share was INR 8.61 compared to INR 29.79 a year ago. For the nine months, total revenue was INR 88,627.1 million compared to INR 78,759.9 million a year ago. Net income was INR 7,472 million compared to INR 12,644.8 million a year ago. Basic earnings per share from continuing operations was INR 29.64 compared to INR 38.32 a year ago. Basic earnings per share was INR 29.33 compared to INR 49.63 a year ago.
Tata Chemicals Limited is an India-based sustainable chemistry solutions company. The Company's segments include Basic Chemistry Products and Specialty Products. Basic Chemistry Products segment comprises inorganic chemicals, such as soda ash, salt and sodium bicarbonate. These inorganic chemicals service industries, such as glass (automotive, architectural and container), detergent, food, pharma, animal feed and industrial chemicals. It has manufacturing operations across four continents: North America (United States of America), Europe (United Kingdom), Africa (Kenya) and Asia (India). Specialty Products segment includes three products: specialty silica, prebiotics and Agri inputs. Its specialty silica range serves food, rubber and tire industry. Its prebiotics and formulations are targeted at food, animal feed and pharmaceutical applications. The Company's subsidiary, Rallis India Limited, produces and markets a range of Agri inputs including seeds for Indian and overseas farmers.
TATA CHEMICALS LIMITED 
