Tata Chemicals Weak Q2: PAT Declines 18%, UK Turnaround, Soda Ash Outlook & ₹1,500 Cr Capex Push!  #ETNOW



Tata Chemicals Weak Q2: PAT Declines 18%, UK Turnaround, Soda Ash Outlook & ₹1,500 Cr Capex Push!
Tata Chemicals Weak Q2: PAT Declines 18%, UK Turnaround, Soda Ash Outlook & ₹1,500 Cr Capex Push!

Tata Chemicals MD & CEO R. Mukundan discusses Q2 earnings with ET Now. He outlines the UK unit’s turnaround, steady India growth, and pressure on export prices. Mukundan says the ₹1,500 crore NCD issue will fund capacity expansion in soda ash, salt, and bicarbonate, while the rise in debt is due to currency movement, not leverage. He expects UK operations to turn EBIT and PAT positive by year-end.

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