Tata Chemicals Limited consolidated revenue for Q4 FY22 from operations stood at Rs. 3,481 crore, up 32%, as compared to Rs. 2,636 crore in Q4 FY20-21. 

Consolidated Profit Before Tax from continuing operations was Rs. 513 crore. Cost environment is challenging and likely to stay at elevated levels in the near term whereas Rallis continues its growth capex investments while focussing on the launch of new products and reducing dependence on imported intermediates. 

Consolidated PAT from continuing operations for the quarter was at Rs. 470 crore as compared to Rs. 29 crore for the corresponding quarter of last year. The operating performance reflects higher volumes, realisations, and favorable market conditions. These results have been achieved in the context of a challenging input cost & energy environment. 

On a standalone basis, for the full year, the income from operations rose by 24% to Rs. 3,721 crore as compared to Rs. 2,999 crore as compared to FY2021. PAT on a standalone basis stood at Rs. 787 crore, up by 64%, as compared to Rs. 479 crore for the corresponding last year. 

On a consolidated basis, for the full year, the income from operations stood at Rs. 12,622 crore, as compared to Rs. 10,200 crore as compared to FY2021. PAT on a Consolidated basis stood at Rs. 1,400 crore, up by 221%, as compared to Rs. 436 crore for the corresponding last year. 

Consolidated Gross Debt stood at Rs. 7,025 crore, as compared to Rs. 6,933 crore as on 31 March 2021. Also, Cash & cash equivalents stood at Rs. 2,791 crore, as compared to Rs. 3,105 crore as on 31st March, 2021. 

Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Ltd. said, “While the global demand environment continues to be positive across our products and their applications, the supply side environment, especially energy and input costs remain at elevated levels along with logistic challenges that continue to be seen in the market. The team has responded well to ensure customers are served with agility. The focus has been to ensure sustained and consistent volume deliveries to customers." 

"We continue our long-term focus on excellence by leveraging digitalization and sustainability. In addition to operational excellence, we continue to focus on executing the Phase I growth Capex in India. The company has further planned for Phase II capacity expansion of soda ash (~ 300 kt), bicarb (70 kt) and specialty silica capacity by 50 kt for a Capex outlay of around Rs. 2,000 crore in India,” added Mukundan.