Tata Chemicals Shares Plunge Nearly 4% Following Q3 Net Loss

Tata Chemicals experienced a significant downturn, with shares falling nearly 4% to a 52-week low after the company reported a net loss of ₹21 crore for Q3FY25, a stark contrast to the ₹194 crore profit from the same period last year. The revenue also declined by 3.8% to ₹3,590 crore, missing analyst expectations. This disappointing performance was attributed to weak soda ash pricing and increased costs in the U.S., leading to a squeeze in EBITDA margins. Investors reacted swiftly to the news, reflecting growing concerns about the company's financial health.

 

Source: Business Standard, Money Control, Economic Times