Fertilisers drag down Tata Chemicals in Q2
Published: Monday, 14 November 2016
Significant fall in fertiliser revenue following suspension of production at phosphate facility affected the company's financials in Q2 .
India’s Tata Chemicals Ltd
saw its Q2 results dragged down by the performance of its
The company, which produces a range of chemicals and
fertiliser products, saw revenue fall year-on-year (y-o-y) 17%
and net profit fall 72% to Indian rupee (INR) 3,496 crore
($516.1m) and INR 177 crore, respectively,...