Tata Chemicals Q1FY24 Results: Consolidated PAT Down to Rs. 532 Cr

Tata Chemicals Q1FY24 Results: Consolidated PAT Down to Rs. 532 Cr

Tata Chemicals Q1 results show revenue fell from 4,482 crores to 4,267 crores, a 4.80% decrease in growth. EPS down from ₹27.83 to ₹20.88, down by 24.97%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Tata Chemicals shared its Q1 results on Monday. They earned 4,267 crores in revenue this quarter, but that’s less than the 4,482 crores they made last quarter. Unfortunately, the company’s growth decreased by 4.80 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 532 crores, down from 709 crores in the previous quarter. Their quarter-to-quarter growth decreased by 24.96 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹20.88, which is a decrease of 24.97% from the ₹27.83 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 4,267 crores this year (2023), which is 5.59 percent higher than last year’s total revenue of 4,041 crores.

This year’s PAT (Profit After Tax) is 532 crores, which is also 9.68% lower than last year’s PAT of 589 crores.

The EPS (Earnings Per Share) for this year is ₹20.88, which is 9.69% less than the EPS of ₹23.12 earned last year.

Also Read: Whirlpool Q1FY24 Results: Consolidated PAT of Rs. 74.88 Cr

Tata Chemicals Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Tata Chemicals:

Tata Chemicals Limited, headquartered in Mumbai, India, is a prominent global company with diverse interests in chemicals, crop protection, and specialty chemistry products. It stands as one of the largest chemical companies in India, operating across India, Europe, North America, and Africa.

Download the Full PDF of Tata Chemicals Q1 Results: Click Here

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