Tata Chemicals reports 14% revenue growth amid margin pressure
after close1 source ↓written by the desknot a recommendation
- year-over-year
- 14% revenue growth
- through asset monetization
- ₹300 cr
Tata Chemicals reported 14% revenue growth year-over-year, driven by robust performance in Living and Farm Essentials. However, the company faced margin pressure in its soda ash segment due to global oversupply and rising costs. CapEx is now directed towards non-cyclical growth, with net debt reduced by ₹300 cr through asset monetization.
Not investment advice. For informational purposes only.