Tata Chemicals Ltd's consolidated PAT for Q1FY24 slips to Rs. 532 crores

Tata Chemicals Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4267 crores during the period ended June 30, 2023 as compared to Rs. 4482 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 523 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 711 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 20.88 for the period ended June 30, 2023 as compared to Rs. 27.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 4267 crs	₹4482 crs	-4.80%
Net Profit	₹523 crs	₹711 crs	-26.44%
EPS	₹20.88	₹27.83	-24.97%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 4267 crores during the period ended June 30, 2023 as compared to Rs.4041 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.523 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.593 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.20.88 for the period ended June 30, 2023 as compared to Rs.23.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 4267 crs	₹4041 crs	5.59%
Net Profit	₹523 crs	₹593 crs	-11.80%
EPS	₹20.88	₹23.12	-9.69%

Shares of Tata Chemicals Limited was last trading in BSE at Rs. 1039.35 as compared to the previous close of Rs. 1046.90. The total number of shares traded during the day was 25479 in over 2036 trades.

The stock hit an intraday high of Rs. 1062.70 and intraday low of 1035.70. The net turnover during the day was Rs. 26645393.00.

Source : Equity Bulls

Keywords

TataChemicals Q1FY24 ResultUpdate