Tata Chemicals Limited — Investor Meet, 01-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

The company reported Q1FY26 consolidated revenue of INR 3,719 Cr, EBITDA INR 649 Cr, and PAT INR 316 Cr. India's performance improved due to higher volumes, while US profitability benefited from a favorable sales mix. The UK business aims for breakeven PAT by year-end with new CO2 and pharma-grade salt plants. Global soda ash remains oversupplied; prices have largely bottomed out and are expected to stay range-bound. The FY26 target of INR 600 Cr structural EBITDA improvement from UK cessation, new projects, and cost optimization is reiterated. US soda ash expansion is paused. Focus remains on operational efficiency amidst market challenges.