Tata Chemicals on Monday (11 May) said it has resumed the operations at its manufacturing facilities located at Andhra Pradesh and Tamil Nadu.
On 25 March 2020, the company informed about the scale down of the operations at Mithapur (Gujarat) for the production of soda ash and cement and shut-down of the manufacturing operations located at Mambattu-Nellore (Andhra Pradesh), Sriperumbudur (Tamil Nadu) and Cuddalore (Tamil Nadu)and in view of the outbreak of the Coronavirus (COVID-19) pandemic.In view of various directions issued by the local authorities on exemptions from the lockdown, the company on Monday (11 May) said it has resumed the operations at its manufacturing facilities located at Mambattu-Nellore (Andhra Pradesh), Sriperumbudur (Tamil Nadu) and Cuddalore (Tamil Nadu).
The company said its operations at Mithapur (Gujarat) continues to operate at maximum capacity for Tata Salt and sodium bicarbonate which are essential inputs for food and pharma products and at the levels to match market demand for the production of soda ash and cement.
Shares of Tata Chemicals were down 0.09% to Rs 288.60 on BSE. The scrip was trading in the range of Rs 283.50 to Rs 292.20 so far.
On a consolidated basis, the chemical company's net profit rose 6.5% to Rs 233.84 crore on a 2% rise in net sales to Rs 2,620.38 crore in Q3 December 2019 over Q3 December 2018.
Tata Chemicals is a global company with interests in businesses that focus on basic chemistry products, consumer and specialty products.
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