Tata Steel Q3 earnings: Net profit climbs over 8 times to ₹2,689 crore, EBITDA jumps 39%

The company's revenue from operations in the October-December period advanced 6% to ₹57,002 crore from ₹53,648 crore in the year-ago period.

Revenue from Indian business came in at ₹35,725 crore and EBITDA was ₹8,291 crore, which translates to a margin of 23%. Crude steel production advanced 12% year-on-year (YoY) to 6.34 million tonnes, Tata Steel said in a press release.

Netherlands revenue were 1,354 million euros and EBITDA was €55 million. Liquid steel production was 1.68 million tonnes and deliveries were 1.40 million tonnes and UK revenue were 468 million pounds and EBITDA loss came in at 63 million pounds. Deliveries stood at 0.52 million tons and were impacted by subdued demand and steady imports, Tata Steel added.

The Mumbai-based steel maker reported strong operational performance as its EBITDA (earnings before interest, taxes, depreciation, and amortization), also known as operating profit, jumped 39% to ₹ 8,199 crore and its EBITDA margin improved by 340 basis points to 14.4%.

“In Dec’25, Tata Steel Board affirmed the long-term growth strategy for India business. Tata Steel will prioritize investments for volume growth, value added downstream portfolio, identified mining assets and infrastructure to serve the needs of the India business, and new to the world low carbon & low capital intensity process technologies for sustainable steel making of the future,” Tata Steel said.

As part of the above stated objective, Tata Steel has consolidated its stake in colour-coated business, Tata Steel Colors Pvt Ltd. The company also completed the acquisition of 50.01% stake in Thriveni Pellets Private Limited, which in turn holds 100% equity stake in Brahmani River Pellets Private Limited,” Tata Steel added.

“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,” said T V Narendran, Chief Executive Officer & Managing Director, Tata Steel.

“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.

Tata Steel shares ended 0.63% lower at ₹196.51 ahead of its earnings announcement.