According to the board-approved results, Tata Steel delivered strong profitability in the third quarter.
On a standalone basis, the company reported operating revenues of INR 35,578.36 crore for Q3 of fiscal year 2026, with a net profit of INR 3,822.01 crore. Earnings per share were recorded at INR 3.06. The company demonstrated strong operational performance with a healthy EBITDA margin. For the nine-month period from April to December 2025, standalone net profit reached INR 11,405.39 crore.
Looking at consolidated results, operating revenues increased to INR 57,002.40 crore in the third quarter. Consolidated net profit attributable to shareholders was INR 2,688.70 crore, with consolidated earnings per share at INR 2.16.
Tata Steel also took significant strategic steps during the period. The company acquired the remaining 50% stake in Tata BlueScope Steel Private Limited on December 31, 2025, becoming the sole owner. This subsidiary, now operating as Tata Steel Colors Private Limited, contributed a fair value gain of INR 901.13 crore to the consolidated results.
To secure raw material supply, agreements were completed for the acquisition of a 50.01% stake in Thriveni Pellets Private Limited. The transaction was finalized on January 30, 2026, following approval from the Competition Commission.
In Europe, the company shared updates on its green steel transition. Tata Steel UK secured financial support with backing from the UK government, while Tata Steel Netherlands signed a Letter of Intent with the Dutch government to transition to low-carbon steel production. As a result, the European subsidiaries’ financial statements were prepared on a continuing operations basis.
In India, the impact of four new labor laws also affected the results. Tata Steel’s current assessment indicates that these regulations resulted in exceptional expenses of INR 61.11 crore in standalone financials and INR 81.79 crore in consolidated results.
Tata Steel emphasized that with its strong financial performance, strategic investments, and green transition initiatives in Europe, it has made a solid start to fiscal year 2026 and will continue focusing on sustainable growth objectives in the coming period.
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