Tata Steel Q2FY26 Earnings Results: Net Profit Rises 272% to ₹3,102 crore

Tata Steel reported a consolidated net profit of ₹3,101.75 crore for the quarter ended September 30, 2025, compared to ₹833 crore in the same quarter last year, as per the filing. Sequentially, profit rose from ₹2,077.68 crore in the previous quarter. Revenue from operations increased to ₹58,689 crore, up 9% from ₹53,905 crore a year earlier.

Operating Performance

Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹9,106 crore, up 46% year-on-year. On a sequential basis, EBITDA rose from ₹7,427 crore in the previous quarter. The EBITDA margin for the quarter was 15.2%, compared to 14% in the prior period.

Production and Deliveries

Steel deliveries on a consolidated basis reached 7.91 million tonnes during the quarter, against 7.52 million tonnes in the same period last year. Production stood at 7.69 million tonnes. The company spent ₹3,250 crore on capital expenditure during the quarter, mainly on restructuring and decarbonisation of its UK operations.

Debt and Financial Position

Consolidated gross debt declined by ₹3,300 crore quarter-on-quarter to ₹95,643 crore. Tata Steel UK reduced its debt by £540 million during the same period. The company said it continues to focus on managing debt, particularly in overseas operations.

Restructuring and Decarbonisation

Tata Steel signed an agreement with the Dutch government and North Holland authorities to start the decarbonisation of its IJmuiden plant in the Netherlands. The Netherlands restructuring is expected to cost about $5 billion. In the UK, the government will provide £500 million of the £1.25 billion required for the company’s decarbonisation plan at Port Talbot.

Business Updates

The board approved the acquisition of BlueScope Steel’s 50% stake in Tata BlueScope Steel Pvt Ltd for ₹1,100 crore, making it a wholly owned subsidiary. The company also sold its ferro-chrome plant in Jajpur, Odisha, to Indian Metals and Ferro Alloys for ₹610 crore.

Read  More: NCLT Reserves Verdict on Vedanta Demerger After Government Raises ₹16,700 Crore Claim!

Tata Steel Share Price Performance 

As of November 13, 2025, 09:30 AM, Tata Steel share price was trading at ₹181.83, a 1.80% increase from the previous closing price. 

Conclusion 

Tata Steel reported higher profit, increased revenue, and reduced debt during the quarter, along with progress on restructuring and decarbonisation projects.

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