Tata Chemicals shares fall over 3% after Q2 net profit declines 55% YoY

  • Posted on October 18, 2024
  • By Business News Today
  • 2 Views
Tata Chemicals shares fall over 3% after Q2 net profit declines 55% YoY

Tata Chemicals shares fell 3.2% to Rs 1,039 after a 54.67% decline in consolidated net profit to Rs 194 crore for Q2 FY25. Revenue remained flat at Rs 3,999 crore. EBITDA dropped 24.5% to Rs 618 crore, with a margin of 15.5%. Despite challenges, the company saw improved performance due to higher sales volume and soda ash realization.
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