Tata Chemicals Q3FY26 consolidated revenue dipped 1% YoY to ₹3,550 Cr, with EBITDA down 21% at ₹345 Cr, resulting in a ₹15 Cr net loss.

For 9MFY26, revenue slightly fell to ₹11,146 Cr, EBITDA decreased to ₹1,531 Cr, but PAT rose to ₹520 Cr.

The performance was largely impacted by weaker global soda ash prices despite higher sales volumes.

India's robust growth partially offset declines in other regions.

Debt increased to ₹5,596 Cr, but the company maintains a solid 0.31 debt-to-equity.

Strategy focuses on expanding core and specialty portfolios, maximizing revenue from new capacities, and driving sustainability via biomass boilers and solar projects.

Recent wins: new Mithapur and UK capacities are now delivering volumes, the Lostock UK plant closure is cutting costs, a pharma-grade Bi-carb plant was acquired in Singapore, and new silica and FOS plants were commissioned in India.

Kenya's soda ash plant is set for operation by March 2026. Management notes flat global soda ash demand and weak prices short-term, but sees a positive long-term outlook from EV and Solar PV growth. #TataChemicals #Earnings