Tata Chemicals Ltd

MukundanManaging Director & Chief Executive Officer

Thank you, Sagar. Good evening and welcome everyone to our Q1 earnings call. I will start the discussion with a brief overview of the industry then move on to our operational highlights across businesses and geographies. Before I begin, I just wanted to say that this quarter we made a significant accounting change which Nandu will explain at the end of my overall presentation in terms of the segment change to align that with the way we are running the business.

Instead of two segments, which is basic chemistry and specialty products, we have now renamed them as Living, Industry, and Farm Essentials. The Farm Essential business is particularly comprising of Rallis and also Morocco, which is reported as a JV income. In terms of Living essentials, it is mainly comprising of products which are salt, bicarbonate, prebiotics, and everything which goes into feed, food, and pharma. The Industrial essentials comprises of products around soda ash, silica, and industrial chemicals which includes things like bromine, chlorine, and caustic.