Tata Steel Limited (TATASTEEL) Q2 FY27 Financial Results: PAT ₹2,385 Cr & Revenue ₹60,794 Cr(3 announcements)

Tata Steel reported consolidated EBITDA of ₹9,370 crores for Q1 FY27, up 25% YoY, driven by higher realizations and cost management despite volume declines, with EBITDA margin expanding to 15.4% and net debt/EBITDA at 2.29x.

Tata Steel reported consolidated EBITDA of ₹9,370 crores for Q1 FY27, up sharply from prior periods, driven by strong Indian operations with ₹9,908 crores EBITDA and 26.79% margin. Net debt stood at ₹84,173 crores, yielding a manageable 2.3x EBITDA leverage ratio. India delivered 5.17 million tons with robust volume growth and margin expansion, while international segments showed mixed performance. Strategic capex of ₹33,873 crores targets 4.8 MTPA capacity expansion at NINL, supporting long-term growth amid rising branded product demand (+30% YoY) and sustainability initiatives including Net Zero by 2045.

Tata Steel's board approved Q1 FY2026 results showing consolidated revenue of ₹60,794.29 crore and net profit of ₹2,385.24 crore, with a current ratio of 0.88. The filing confirms a pending NCLT-approved amalgamation scheme for Rujuvalika Investments Limited and regulatory risks at its Dutch subsidiary TSN, which faces potential plant closures. An acquisition of 23% in TMILL for ₹8,335 crore was also disclosed, alongside material uncertainties around TSN's operations impacting future financial stability.