EBITDA stood at Rs. 434 crore as compared to Rs. 542 crore in Q3 FY24
Tata Chemicals Limited income from operations stood at Rs. 3,590 crore as compared to Rs. 3,730 crore in Q3 FY24 for Q3 FY25, on a consolidated basis.
EBITDA stood at Rs. 434 crore as compared to Rs. 542 crore in Q3 FY24. PAT (before exceptional items and non-controlling Interest from continuing operations stood at Rs. 49 crore as compared to Rs. 194 crore in Q3 FY24.
On a standalone basis, for Q3 FY25, the income from operations at Rs. 1,166 crore as compared to Rs. 1,093 crore in Q3 FY24. EBITDA at Rs. 209 crore as compared to Rs. 206 crore in Q3 FY24. PAT at Rs. 72 crore as compared to Rs. 115 crore in Q3 FY24.
Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Limited said, “Overall Asia including India continue to experience growth, while other markets including US and Western Europe are witnessing slight decline due to reduced demand for flat and container glass. The company’s overall performance was down as compared to the same quarter of previous year, mainly due to lower Soda Ash pricing across geographies and higher fixed cost in the US due to plant production outage during the quarter."
"Our endeavour is to maximize sales through customer engagement, while ensuring steady contribution margins with a focus on cost optimization. In the short term, current demand – supply adverse situation is likely to persist but should improve and stabilise over the long term driven by growth sectors based on sustainability trends,” added Mukundan.
Gross debt as on December 31, 2024, stood at Rs. 6,722 crore up by Rs. 810 crore and net debt at Rs. 5,329 crore up by Rs. 952 crore, compared to December 31, 2023, on account of lower EBITDA and higher working capital (US, Kenya, and India).
70 KTPA pharma salt plant was commissioned in the UK. Sales and production volumes of Soda Ash, Bicarb, and salt were higher than Q3 FY24.
A part of over US $165 billion Tata Group, Tata Chemicals Limited, is a leading supplier of choice to glass, detergent, industrial and chemical sectors. The company has a strong position in the crop protection business through its subsidiary company, Rallis India Limited. Tata Chemicals has world class R&D facilities in Pune and Bangalore.
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