Tata Chemicals Ltd Reports 25.7% Growth in YoY Net Profit for Q3 FY23

Tata Chemicals Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 37.7% to Rs 3.91 billion for the period ended Dec 31, 2022 as against net profit of Rs 6.28 billion for the previous quarter. Net … Read more

Tata Chemicals Europe signs offtake agreement with Vertex Hydrogen

Tata Chemicals Europe and Vertex Hydrogen have signed a ‘Heads of Terms’ offtake agreement for over 200 megawatts of low carbon hydrogen. TCE is one of Europe’s leading producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other industry applications. … Read more

Tata Chemicals plans Rs 10.5 bn Capex from H2 FY23

Tata Chemicals has announced that the company will spend Rs 10.5 billion between second half FY23 upto first half of FY24. Speaking at Q2 FY23 Earnings Conference Call, Nandakumar Tirumalai, Chief Financial Officer, Tata Chemicals Limited said, “We spent Rs 3.04 billion in Q2 of the current year in CapEx. So Rs 10.5 billion is … Read more

Tata Chemicals Ltd Reports 185.2% Net Profit Growth YoY in Q2 FY23

Tata Chemicals Limited., an Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 6.6% to Rs 6.28 billion for the period ended Sept 30, 2022 as against net profit of Rs 5.89 billion for the previous quarter. Net sales increased 6.4% to … Read more

India’s Tata Chemicals Ltd Reports 105.9% Net Profit Growth YoY in Q1 FY23

Tata Chemicals Limited., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit marginally grew 28.1% to Rs 5.93 billion for the period ended June 30, 2022 as against net profit of Rs 4.63 billion for the previous quarter. Net sales … Read more

India’s Tata Chemicals Net Profit Jumps to Rs 4.38 Billion in Q4 FY22

Tata Chemicals Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 3622% to Rs 4.38 billion for the period ended March 31, 2022 as against Rs 117.7 million for the period ended March 31, 2021. Net sales increased … Read more

India’s Tata Chemicals Reports 92.9% Jump in YoY Net Profit in Q3FY22

Tata Chemicals Ltd., a leading chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2021. Q3 Results- QoQ The company’s net profit grew 40.3% to Rs 3.1 billion for the period ended December 31, 2021 as against net profit of Rs 2.21 billion for the previous quarter. Net sales … Read more

Tata Chemicals in talks to Acquire Johnson Matthey’s Battery Materials Business

Tata Chemicals Ltd. is in discussions with London-based Johnson Matthey Plc to buy the company’s battery materials business, the Mint news reported, citing two people with direct knowledge. Tata Chemicals is one of the frontrunners to acquire the assets, the two people told the Indian news daily. A deal for the battery materials unit could … Read more

India’s Tata Chemicals Reports 102.9% Growth in YoY Q2FY22 Net Profit

Tata Chemicals Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 21.7% to Rs 268.02 crores ($35.8 million) for the period ended September 30, 2021 as against net profit of Rs 342.33 crores ($45.7 million) for the previous … Read more

India’s Tata Chemicals Reports 2068.4% YoY Net Profit Growth in Q1FY21-22

Tata Chemicals Ltd., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 2347% to Rs 287.96 crores ($38.9 million) for the period ended June 30, 2021 as against net profit of Rs 11.77 crores ($1.6 million) for the previous … Read more

Tata Chemicals Reports 85% Decline in Net Profit on Weak Margins

Tata Chemicals Ltd. has announced fall in net profit for its fourth quarter and full-year ended 31 March. Q4 Results The company’s consolidated net profit slumped 85% to Rs 290 million ($3.93 million) in fourth quarter 2020-21 compared to prior year quarter’s Rs 1.98 billion ($26.8 million). Revenue from operations grew 11% to Rs 26.36 … Read more

Tata Chemicals Reports 65.2% Drop in YoY Net Profit for Q2 FY20-21

Tata Chemicals Ltd., India’s leading basic chemicals manufacturer announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 78% to Rs 132.09 crores for the period ended September 30, 2020 as against net profit of Rs 74.15 crores for the previous quarter. Net sales increased 11% … Read more

Tata Chemicals Reports Decline in Net Profit on Weak Sales

Tata Chemicals Ltd. has announced fall in net profit for its fourth quarter and full-year ended 31 March. The company’s consolidated net profit slumped 48% to Rs 197.56 crore ($26.1 million) in fourth quarter 2019-20 compared to prior year quarter’s Rs 383 crore ($50.6 million). Revenue from operations declined 7% to Rs 2,378.09 crore ($314.3 … Read more

Tata Chemicals Resumes Operations in Southern India

Tata Chemicals Ltd. resume operations at its manufacturing facilities located at Andhra Pradesh and Tamil Nadu as authorities issue lockdown exemptions for manufacturing operations. The company informed the exchanges on Monday that it is ensuring compliance with the directives issued by the authorities in this regard and is continuing to take various measures to ensure … Read more

Tata Chemicals Ltd’s Subsidiary Produces Hand Sanitizer at Two Plants

Tata Chemicals Ltd’s subsidiary Rallis India has transformed its chemical units at Akola and Ankleshwar and has produced and supplied 75,300 liters of hand sanitizer across Maharashtra, Gujarat, Telangana and Karnataka to meet the increased requirement of hand sanitizer. Rallis India has also manufactured and supplied more than 1.1 million liters of disinfectant to Gujarat … Read more

Tata Chemicals South Africa Announces ‘Force Majeure’ – COVID-19

Tata Chemicals announced force majeure on shipments of soda ash to South Africa after government restrictions resulted in the closure of several berths at Maydon Wharf including Tata Chemicals South Africa’s berth at Maydon Wharf 14. The South African government has placed restrictions on the continued operation of various business activities, including port operations due … Read more

Tata Chemicals Acquires Remaining 25% in US Soda Ash JV

Tata Chemicals on Thursday said it has acquired the remaining 25 per cent stake in Tata Chemicals (Soda Ash) Partners Holdings for $195 million. Following the transaction, Tata Chemicals ownership in Tata Chemicals (Soda Ash) Partners has increased to 100 per cent. “Tata Chemicals, through its wholly-owned subsidiary Valley Holdings Inc, has acquired the remaining … Read more

Tata Chemicals signs a MOU with ISRO for transfer of Lithium-ion Cell Technology

On Monday, Tata Chemicals Limited (TCL), an Indian manufacturer of basic chemicals (Soda Ash, Sodium Bicarbonate) and consumer and specialty products, signed a Memorandum of Understanding (MoU) with the Indian Space Research Organization (ISRO) for the transfer of lithium – ion cell technology from ISRO. ISRO’s Vikram Sarabhai Space Center (VSSC) has developed technology to manufacture … Read more