Research ReportsTata Chemicals Q3 Review — Margins Under Pressure Due To Lower Pricing, Says Motilal Oswal, Retains 'Neutral'
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Tata Chemicals Q3 Review — Margins Under Pressure Due To Lower Pricing, Says Motilal Oswal, Retains 'Neutral'
The closure of the Lostock plant in the UK (~8% of total revenue in FY24) and lower levels of realization in the near term can result in lower profitability, adds Motilal Oswal.
Tata Chemicals Ltd.’s Q3 FY25 consolidated Ebitda declined 20%/30% YoY/QoQ due to lower realisations YoY.
(Photo Source: Company website)
Tata Chemicals reported total revenue of Rs 35.9 billion (estimate Rs 38.3b) in Q3 FY25, down 4% YoY, due to lower realization YoY across regions despite volume growth of 4%/15%/4% YoY for soda ash/bicarb/salt.