Tag: TataSteel

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Tata Steel Q3 profit soars to ₹2,700 cr on Dutch boost

Tata Steel reported a huge increase in its net profit for the third quarter (October–December 2025), reaching around ₹2,690–₹2,730 crore, up more than nine times from roughly ₹300 crore a year ago.

The company’s revenue grew about 6% year-on-year, reaching nearly ₹57,000 crore, helped by strong sales in India and higher steel deliveries. Domestic deliveries crossed 6 million tonnes, marking a record for the company.

A major reason for the profit surge was the turnaround at Tata Steel’s Netherlands unit, which moved from a loss last year to a healthy profit. However, the UK business continued to face challenges due to weak demand.

Tata Steel’s EBITDA rose nearly 39%, reaching over ₹8,300 crore, thanks to cost-cutting measures and better efficiency. The company saved around ₹3,000 crore in the quarter and ₹8,600 crore in the first nine months of the year.

Despite tough global steel markets, including competition from China and trade uncertainties, Tata Steel maintained strong performance. The company also reduced its net debt to about ₹81,834 crore, strengthening its financial position.

In India, while steel prices were slightly lower, higher production and deliveries kept profits steady. Overall, the results reflect robust domestic demand, improved margins, and operational efficiency across key units.

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Tata Steel’s west India expansion sparks mixed views from brokers

Tata Steel Ltd has announced big plans to grow its business in India,  including increasing production, setting up new plants, buying stakes in raw-material units, and partnering with other companies. However, brokerages have different opinions on how these plans will affect the company’s stock in the near term.

The company plans to raise production at Neelachal Ispat Nigam Ltd in Odisha by 4.8 million tonnes and set up a low-carbon steel demonstration plant in Jamshedpur. New facilities in Odisha and Maharashtra will make higher-value steel products for construction and automotive industries.

To secure raw materials, Tata Steel will buy a 50.01% stake in Thriveni Pellets Private Ltd for around ₹636 crore. Thriveni owns a 4-million-tonne pellet plant and a long slurry pipeline in Odisha, which will help Tata Steel ensure steady iron ore supply.

Tata Steel also signed a non-binding deal with Lloyds Metals & Energy to explore mining and steel projects in Gadchiroli, Maharashtra. This could include building a greenfield steel plant with a capacity of six million tonnes, marking Tata Steel’s first major presence in western India.

Brokerages have different views on the impact of these moves. Motilal Oswal and JM Financial recommend buying the stock, citing growth potential and stronger demand. Elara Capital suggests accumulating the stock, noting profits may be lower in the short term due to soft steel prices. Nuvama Institutional Equities rates it as “hold,” pointing to possible margin pressure and uncertainty about capital spending timelines.

Analysts say the expansion will strengthen Tata Steel in the long run by adding capacity, downstream products, and sustainable technology. However, steel price swings and execution risks could affect short-term results.

Tata Steel’s expansion shows a focus on long-term growth, integrating raw materials, and reaching new regions, while investors balance optimism about growth with caution over market conditions and project execution.

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Tata Steel Q2 profit soars 272% to ₹3,102 crore

Tata Steel Ltd reported a sharp rise in earnings for the second quarter of FY 2026, backed by solid domestic demand, cost efficiencies, and a recovery in its European operations.

The steelmaker’s consolidated net profit surged 272% year-on-year to ₹3,102 crore, compared with ₹833 crore in the same quarter last year. Revenue from operations rose 9% to ₹58,689 crore, against ₹53,905 crore a year earlier, supported by higher deliveries and better realisations.

Operating profit (EBITDA) climbed 46% to ₹9,106 crore, reflecting improved spreads and a favourable product mix. The company said its India operations remained the key growth driver, with deliveries rising to 7.91 million tonnes from 7.52 million tonnes last year. Production also edged up to 7.69 million tonnes.

Tata Steel’s European business posted a core profit of €92 million, up sharply from €22 million a year ago, aided by efficiency measures and better operating conditions in the Netherlands.

The company said strong domestic consumption, particularly from infrastructure and manufacturing sectors, cushioned the impact of fluctuating global steel prices. It continues to focus on value-added products, cost optimisation, and deleveraging to strengthen its balance sheet.

Following the announcement, Tata Steel shares gained over 3% in early trading on Thursday.

 Analysts remain positive on the stock, citing stable demand and improved profitability, though they caution that global steel price movements and input costs will influence future performance.

Tata Steel said it remains committed to sustainable growth and operational excellence, as it continues to invest in technology and capacity expansion to meet rising demand across key markets.

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