Raw material, energy costs higher in Q3; Margins under pressure: Tata Chemicals
Ramakrishnan Mukundan, Managing Director of Tata Chemicals Limited told NDTV Profit that raw material and energy costs have increased in Q3 FY'12 and margins are likely to be under pressure in the near term. Urea costing will benefit due to the rupee depreciation, he said, adding that drop in DAP prices may lead to lower subsidy from government.
