Mumbai–Tata Chemicals reported a consolidated net loss of Rs 17 crore for the first quarter of fiscal 2027, reversing a net profit of Rs 252 crore in the same period a year earlier.
Revenue from operations rose 14.4% to Rs 4,255 crore for the quarter ended June 30, 2026, from Rs 3,719 crore in the corresponding quarter of fiscal 2026, according to a stock exchange filing.
Despite the increase in sales, the company’s operating performance weakened. Earnings before interest, taxes, depreciation and amortization fell 14.5% to Rs 555 crore from Rs 649 crore a year earlier.
The EBITDA margin narrowed to 13% from 17.5% in the year-ago quarter, as pricing and cost pressures offset the benefit of higher revenue.
“During Q1 FY27, amidst challenging external environment, the company delivered a resilient performance, supported by higher sales and production volumes, strong operating efficiencies and disciplined cost management,” Tata Chemicals Managing Director and Chief Executive Officer R. Mukundan said.
“However, exports from USA to Southeast Asia remained under pressure due to persistent unremunerative soda ash pricing,” he added.
The decline in operating margins pushed Tata Chemicals into a quarterly loss even as production and sales volumes improved.
Mukundan said the company is shifting its portfolio toward less cyclical businesses through focused capital allocation in an effort to create a more resilient growth platform with steadier earnings.
“Transitioning the portfolio to non-cyclical segments, with focused capital allocation to build a structurally resilient growth platform with stable earnings,” he said. (Source: IANS)
