Reports Net Loss, Misses Estimates

Tata Chemicals Ltd. reported a loss in the fourth quarter of fiscal 2024, and missed analysts’ estimates.

The company posted a net loss of Rs 841 crore in the quarter-ended March, in comparison with a profit of Rs 692 crore in the year-ago period, according to an exchange filing on Monday. Analysts tracked by Bloomberg had estimated a profit of Rs 182 crore.

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