Tata Chemicals Slips Into ₹50 Crore Loss In Q2, Rising Energy Costs & Weak Soda Ash Prices Hit Earnings
Mumbai: Tata Chemicals Limited reported a consolidated net loss of Rs 50 crore for the second quarter of FY27, compared with a net profit of Rs 154 crore in the corresponding quarter last year, as rising costs and weaker soda ash prices weighed on profitability. Despite the loss, the company's revenue increased, supported by higher sales volumes in India and the United States. Revenue Growth…
Tata Chemicals Limited reported a consolidated net loss of Rs 50 crore for Q2 FY27, marking a stark contrast to the net profit of Rs 154 crore in the same quarter last year. The loss was primarily attributed to rising energy costs, higher freight and logistics expenses, and weaker soda ash prices, which collectively impacted the company's profitability.
Despite the earnings setback, revenue from operations grew by 8% year-on-year to Rs 4,177 crore, driven by improved sales volumes in India and the United States, as well as better price realisations in the domestic market.
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