Tata Steel Limited (TATASTEEL) — Financial Results | 6 February 2026(2 announcements)

Tata Steel reported Q3 FY26 consolidated revenues of ₹57,002 crores with consolidated EBITDA of ₹8,309 crores, reflecting 31% YoY growth to ₹24,894 crores for 9M FY26. India operations delivered ₹24,431 crores EBITDA (9M) at 24% margin. Crude steel production increased 12% YoY to 6.34 million tons with best-ever quarterly deliveries of 6.04 million tons. Net debt declined ₹5,206 crores QoQ to ₹81,834 crores. Cost transformation program delivered ₹8,600 crores savings in 9M against a ₹11,500 crore target. The company announced capacity expansion plans including 16 MTPA at Kalinganagar Phase 2 and net-zero emissions target by 2045.

Tata Steel reported Q3 FY2026 consolidated revenue of ₹57,002 crores with EBITDA of ₹8,309 crores, marking 31% YoY growth in 9-month EBITDA to ₹24,894 crores despite operational headwinds. India operations delivered strong 23-24% EBITDA margins with 12% YoY growth. The company reduced net debt by ₹5,206 crores QoQ to ₹81,834 crores, deployed ₹10,370 crores in capex, and achieved cost transformation savings of ₹8,600 crores in 9M. Strategic actions included acquiring 50.01% stake in Thriveni Pellets and consolidating downstream businesses.