File photo of Tata Steel.
| Photo Credit: Reuters
Tata Steel Ltd. for the second quarter ended September 30, 2025, reported 319% growth in consolidated net profit to ₹3,183 crore from ₹759 crore in the year ago period.
Consolidated turnover for the quarter dropped 1.34% to ₹53,178 crore.
The India business reported net profit of ₹4,215 crore as compared with ₹3,460 crore a year ago, up 22%.
The turnover of the Indian business during the quarter grew 12% to ₹34,787 crore from ₹31,137 crore a year ago.
Netherlands revenues were €1,551 million and EBITDA was €92 million. U.K. revenues were £505 million, and EBITDA loss stood at £66 million.
The company’s board has considered and approved the acquisition of 50% equity stake in Tata BlueScope Steel Private Ltd. (TBSPL) (a 50:50 joint venture between Tata Steel Ltd. through its wholly owned subsidiary – Tata Steel Downstream Products Ltd. and BlueScope Steel Ltd. through its wholly owned subsidiary – BlueScope Steel Asia Holdings Pty Ltd.), from BlueScope Steel Asia Holdings Pty Ltd (BSAH), for a consideration of up to ₹1,100 crore.
Following this approval the company on Wednesday (November 12) executed the share purchase agreement with TBSPL, BSAH and BlueScope Steel Ltd.
T.V. Narendran, Chief Executive Officer & Managing Director, Tata Steel said, “The global operating environment remained challenging with persistent overhang of tariffs, geopolitical tensions and elevated steel exports. Despite this, Tata Steel delivered a resilient performance with the EBITDA margin improving for the second consecutive quarter.”
“In India, while the crude steel production rose 8%, deliveries grew at a higher rate of 17% QoQ as our marketing franchise enabled us to scale effectively. We continue to strengthen our market leadership across key segments, underpinned by capacity expansion and a focused downstream strategy,” he said.
“Kalinganagar’s continuous annealing line and galvanising line have expanded our hi-end product offerings to Automotive. Our new 0.5 MTPA combi mill will further amplify this advantage and strengthen our presence in specialty steel segment,” he added.
Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel said, “The company continued to perform despite the challenging operating environment. We remain focused on volume growth in India, strengthening our raw material linkages and optimising capital allocation.”
“We are closely monitoring policy developments in EU and U.K. and will look to prioritise, optimise and sequence the decarbonisation capex spend such that it is affordable to all stakeholders,” he said.
Published – November 13, 2025 02:42 am IST
