Tata chemicals share: Despite a brilliant rally in the stock market, Tata Chemicals shares broke up to 4 per cent on 4 February today. This stock declined by 2.80 percent 918.45 Closed at the price of rupee. In fact, the company has recorded weak results in the December quarter of FY25 and during this time the company has a net loss of Rs 21 crore. With today’s decline, the company’s market cap has come down to Rs 23,362.42 crore. The 52-wheel high of the stock is Rs 1,349.70 and 52-wheel is Rs 899.40.
Tata Chemicals have lost Rs 21 crore in the October-December quarter. The main reason for this is the fall in the prices of soda ash and high costs in the US. Let us know that in the same quarter of the last financial year, the company recorded a net profit of Rs 194 crore.
The revenue of Tata Chemicals declined by 3.8 per cent to Rs 3590 crore, compared to Rs 3730 crore in the same period of the previous financial year. The company’s Ebitda declined by 19.9 per cent to Rs 434 crore in the third quarter of this financial year, which was Rs 542 crore in the same quarter of the previous financial year.
The Ebitda margin was 12.1% in the December quarter, compared to 14.5% in the same period of the previous financial year. The gross debt of Tata Chemicals was ₹ 6722 crore as of 31 December 2024, which is ₹ 810 crore more than the previous year. At the same time, net debt increased by ₹ 952 crore to ₹ 5329 crore, due to which the US, Kenya and India are required for low Ebitda and Higher Working Capital.
Tata Chemicals Limited has recorded an exceptional charge of ₹ 70 crore in Q3Fy25. This includes the contingent costs associated with the cost of closing the Employee Termination Benefits, Plant and Machinery. The expenses are related to the closure of soda ash production at the Lostock Plant in Northwich, UK.
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