Tata Chemicals Q3 Loss Widens to ₹93 Crore Amid Sharp Margin Contraction

• Tata Chemicals reported a net loss of ₹93 crore in Q3, up from ₹53 crore in the same quarter last year.
• Revenue marginally declined by 1.1% year-on-year to ₹3,550 crore, reflecting subdued market conditions.
• Operating performance deteriorated significantly, with EBITDA falling 20.5% to ₹345 crore and margins contracting to 9.72%.
• A labor code impact of ₹54 crore further weighed on profitability during the quarter.
• The company's shares closed lower on the NSE at ₹727, down 2.14% on February 2.

Why It Matters: Tata Chemicals' Q3 loss widened significantly due to lower operating earnings, higher costs, and margin contraction.