Tata Chemicals Q2 Results Mixed; Board Approves ₹1,500 Crore Fundraise

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reported mixed Q2 FY25 results, with consolidated revenue at ₹3,877 crore (vs ₹3,999 crore YoY) and profit at ₹154 crore (vs ₹267 crore YoY), impacted by ₹65 crore in costs from its UK Lostock unit closure. Standalone performance improved, with revenue rising to ₹1,204 crore and profit to ₹178 crore. The Board also approved raising up to ₹1,500 crore via Non-Convertible Debentures on a private placement basis.