HighNegative
Announced Mon, 27 Jul · 18:42 IST

Tata Chemicals Q1 Results: Profit plunges 81% to Rs 60 crore on higher expenses

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tata Chemicals reported an 81% year-on-year drop in net profit to about Rs 60 crore in Q1 FY25, down from Rs 316 crore in the corresponding quarter last year, hurt by higher expenses. Total income, however, rose to Rs 4,311 crore from Rs 3,815 crore a year ago. The company supplies to the glass, detergent, industrial and chemical sectors and operates a crop protection business through subsidiary Rallis India.