Tata Chemicals reported a weaker financial performance for the third quarter, with profitability impacted by margin compression and higher operating costs. The company posted a consolidated net loss of ₹93 crore for the quarter, compared with a loss of ₹53 crore in the corresponding period last year, reflecting sustained pressure across key segments on a year-on-year basis.
Revenue from operations stood at ₹3,550 crore in Q3, marking a marginal decline of 1.1% compared with ₹3,590 crore reported in the same quarter of the previous financial year. The muted top-line performance indicates subdued demand conditions and pricing challenges in certain markets during the period under review.
Operating performance saw a sharper deterioration, with EBITDA declining 20.5% year-on-year to ₹345 crore from ₹434 crore. As a result, EBITDA margin contracted to 9.72%, down from 12.09% in Q3 of the previous year. The compression in margins highlights the combined impact of higher costs and limited operating leverage during the quarter.
The company also reported a labour code-related impact of ₹54 crore, which weighed on overall profitability.
