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Aug 07, 2012, 11.41 AM IST
Tata Chemicals, the world's second largest producer of soda ash, is going to declare its results for the April-June quarter of FY13. Analysts on an average expect consolidated profit after tax to go down by 12.7% year-on-year to Rs 174.5 crore during the quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) too are seen going down by 5.7% to Rs 496.5 crore and EBITDA margin is expected to decline by 150 basis points to 16.3% crore during the same period.
Total income is likely to go up by 3.4% to Rs 3,052.5 crore in the first quarter of financial year 2012-13 from Rs 2,953.9 crore in a year ago period.
Investors should watch out for urea volumes that are expected to be affected by plant shut down in April; cost pressures in Soda Ash business, which will ease with a fall in coal/coke prices; and Haldia plant that affected due to tight supply situation of phosphoric acid.
Also watch out for growth in single super phosphate (SSP) on the back of debottlenecking.
Tata Chemicals' North America business is expected to see sequential increase in volume and margin on the back of debottlenecking activity affecting volume and margin in 3Q.
Tags: Tata Chemicals
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