TATACHEM Q4 Results

TATACHEM Q4 Results

Tata Chemicals Q4 results for FY2023–24 are yet to be released by the company. It primarily works on basic chemistry and specialty products. The company's website lists information for investors on what they can expect from the company and its strong fundamentals, which it has stated periodically for them to make investment calls.

The company's latest Q4 results are going to be discussed with the board of members meeting on April 29th via conference call as per information in their announcements to the public and SEBI rules and obligations. So we have to wait for the TATACHEM Q4 results released after the meetings and see the company's new goals in the near to medium term.

TATACHEM Q3 Results

The TATACHEM Q3 results were released on February 5th. The company has a lower return on profits due to soft demand for soda ash, which is the company’s main product. The company supplies raw materials to the glass sector, detergent, industrial, and chemicals. The salt demand and sales of the company remain unchanged. We have given consolidated data for Q3 FY24 below.

 

Here, EBITDA means Earnings Before Interest, Taxes, Depreciation, and Amortization which is an important metric to measure the company's cash flow and profit.

Tata Chemicals Board Meetings

Tata Chemicals will hold its board meetings on April 29th. The company will be represented by two key personnel, Mr. R. Mukundan, Managing Director and CEO, and Mr. Nandakumar Tirumalai, Chief Financial Officer.

In that board meeting they will discuss the audited and consolidated financial results of the company for the quarter that ended on March 31, 2024, and also about getting the dividends for that financial year approval of the shareholders in the upcoming 85th Annual General Meeting of the company.

The company will also hold its earnings call on the same date, April 29th, 2024, at 7:00 PM IST for its investors to discuss the company’s Q4 & FY24 financial performance. To register for the call board members and investors need to have a diamond pass and register on the Tata Chemicals website. The call details are as follows:

Tata Chemicals Products 

Tata Chemical, which is part of TATA Group, has many subsidies under its management across different geographies. Its basic chemistry products are soda ash, sodium bicarbonate, allied chemicals, and cement.

The specialty products list includes material science products like nano zinc oxide, specialty silica, and energy storage-related chemicals. Another product is in the nutritional science division under a different name called Tata NQ, which has produced a new product called FOSSENCE, a prebiotic dietary fiber that is 100% water-soluble.

It is manufactured through the fermentation of cane sugar. It helps in improving gut microbial bacteria and has a Humectant trap (moisture storage) feature. It is used for moisture-retaining food products in FMCG and dry skincare. This product list is specific to the Asia region; for more product-related details, follow the Tata Chemicals website.