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Tata Chemicals reported a revenue of ₹3,999 Cr and a net profit of ₹267 Cr in Q2 FY24-25. The company saw 6% revenue growth from Q1, overcoming operational challenges with strong performance in key regions like the US and Kenya.
Tata Chemicals Limited has announced its financial results for the second quarter of FY24-25, with consolidated revenue from operations standing at ₹ 3,999 Cr. This marks a 6% increase from the previous quarter, showcasing the company's resilience in challenging conditions.
In Q2 FY24-25, Tata Chemicals saw a steady performance despite operational challenges due to unprecedented heavy rains at its Mithapur plant. The revenue from operations rose to ₹ 3,999 Cr from ₹ 3,789 Cr in Q1FY25.
The company faced muted demand in container glass segments in Americas and Europe, yet continued to drive sales volume, leading to improved overall margins. Despite the weather-related disruptions, the overall performance exceeded expectations with a profit before tax of ₹ 348 Cr.
Despite a volatile global market, Tata Chemicals' results for Q2 have improved Q-o-Q, however, certain metrics have fallen YoY, keeping in mind the sector expectations. The company’s ability to navigate supply chain challenges and maintain steady margins positions it ahead of many peers in the chemicals and industrial products sector.
Particulars | Q2 FY24-25 | Q1 FY24-25 | Q2 FY23-24 |
Revenue from Operations | ₹ 3,999 Cr | ₹ 3,789 Cr | ₹ 3,998 Cr |
Profit Before Tax | ₹ 348 Cr | ₹ 269 Cr | ₹ 615 Cr |
Net Profit (after NCI) | ₹ 267 Cr | ₹ 175 Cr | ₹ 495 Cr |
Gross Debt | ₹ 6,479 Cr | ₹ 6,048 Cr | ₹ 5,563 Cr |
Check out Tata Chemicals's past performances in previous quarters and financial years.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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