Tata Steel Ltd, for the third quarter ended December 31, 2025, reported 722% growth in consolidated net profit at ₹2,689 crore as compared with ₹327 crore in the year ago period.

Consolidated revenues for quarter grew 6% Year on Year (YoY) to ₹57,002 crore.

India revenues were ₹35,725 crore and EBITDA was ₹8,291 crores, which translates to a margin of 23%. Crude steel production was up 12% YoY to 6.34 million tons. “Improved production led to ‘best-ever quarterly’ deliveries to the tune of 6.04 million tons, up 14% YoY,” the company said.

Netherlands revenues were €1,354 million and EBITDA was €55 million. U.K. revenues were £468 million and EBITDA loss stood at £63 million. The company has spent ₹3,291 crore on capital expenditure during the quarter Net debt declined by ₹5,206 crores QoQ to ₹81,834 crore.

T.V. Narendran, Chief Executive Officer & Managing Director said, “Our global operating environment continues to be shaped by tariffs, geopolitical shifts and policy divergence. Steel markets were impacted by elevated finished steel exports from China, which at 119 million tons surpassed the 2015 Peak.”

“Against this backdrop, Tata Steel delivered a strong performance in this quarter, with India crude steel production rising 12% while deliveries grew faster at 14% YoY, surpassing the 6 million tons mark in a quarter for the first time,” he said. 

“We continued to strengthen our market leadership across chosen segments, supported by capacity expansion and a focused downstream strategy. Automotive volumes grew 20% YoY, while our retail vertical gained further momentum,” he added.