Tata Steel Ltd

Tata Steel Q3 FY26 Results: Strong India Performance Drives Growth 📈

• Consolidated EBITDA reached ₹8,309 crores in Q3 FY26 and ₹24,894 crores for 9M FY26

• India operations achieved revenues of ₹35,725 crores and EBITDA of ₹8,291 crores in Q3

• Crude steel production in India increased 12% YoY to 6.34 million tons

• Record deliveries of 6.04 million tons from India operations

• Netherlands operations reported revenues of €1,354 million and EBITDA of €55 million

• UK operations showed revenues of £468 million with EBITDA loss of £63 million

• Net debt decreased by ₹5,206 crores quarter-over-quarter to ₹81,834 crores

• Cost transformation programs delivered savings of approximately ₹3,000 crores in Q3

• Completed acquisition of 50.01% stake in Thriveni Pellets

• Affirmed long-term growth strategy focusing on volume growth and low-carbon technologies