New Delhi, Feb. 4 -- Tata Chemicals' shares tumbled over 4 per cent on February 4, following disappointing Q3 earnings. The company posted a net loss of Rs.21 crore for the December quarter, a sharp contrast to the Rs.194 crore net profit recorded in the same period last year.

At 10:40 am, Tata Chemicals fell intraday low to Rs.901.20 per share on National Stock Exchange (NSE).

Tata Chemicals reported a 3.8% decline in revenue from operations, totaling Rs.3,590 crore compared to Rs.3,730 crore in the same quarter last year. Operating EBITDA decreased by 19.9% to Rs.434 crore in the third quarter, down from Rs.542 crore in the prior year. The company posted a net loss, in contrast to a net profit of Rs.194 crore recorded during the same ...