Tata Chemicals's profits plunge 60% on soda ash oversupply

Business Nov 01, 2025

Tata Chemicals just had a tough quarter, with profits dropping 60% to ₹77 crore and revenue slipping 3%.
The main reason? Primarily due to oversupply in the soda ash market and also affected by changes in the UK business.
CEO R Mukundan pointed out that this oversupply led to high inventories and falling prices.

Standalone numbers show a different picture

Interestingly, while global numbers were down, Tata Chemicals did well on its own turf—standalone revenue jumped 19% and profit soared 80%, thanks to stronger sales in India.
Demand stayed solid at home but was flat or falling in China, Europe, and the Americas.
Despite these bumps, Mukundan remains hopeful about long-term growth as sustainability uses for soda ash keep expanding.