Tata Chemicals Q1FY21; consolidated profit declines by ~67% yoy

The company recorded a consolidated profit of ~Rs74cr in Q1FY21.

Jul 31, 2020 05:07 IST India Infoline News Service

Quarterly Results
Tata Chemicals Ltd announced its Q1FY21 results on July 31, 2020. Consolidated net revenue of Tata Chemicals Ltd in Q1FY21 stood at Rs2,348.16cr, which declined by 9.13% yoy from Rs2,584.03cr in Q1FY20.

EBITDA stood at Rs359.76cr in Q1FY21 which decreased by 30.13% yoy. For Q1FY20, it had posted EBITDA of Rs514.89cr. EBITDA margin as of Q1FY21 was at 15.32% which declined by 4.61% yoy compared to the same quarter, the previous year.

The consolidated net profit in Q1FY21 came in at Rs74.15cr which declined by 67.24%, as compared to Q1FY20, when it had reported Rs226.33cr. The net profit margin in Q1FY21 came in at 3.16% which declined by 5.60% yoy. The net profit margin for Q1FY20 was at 8.76%.

Share price of company closed at Rs306.75 down by 1.02% on BSE.

Particulars Q1FY21 (Rs in cr) Q1FY20 (Rs in cr) % VAR
Net Revenue 2,348.16 2,584.03 -9.13
Operating Profit 359.76 514.89 -30.13
Net Profit 74.15 226.33 -67.24
EBITDAM% 15.32 19.93 -4.61
PATM% 3.16 8.76 -5.60

Related Story