Tata Steel Q2 profit jumps over fourfold at Rs 3,183 crore on strong India revenue

Tata Steel had posted a consolidated net profit of Rs 3,183.09 crore for the September quarter, a jump of more than four times from Rs 758.84 crore recorded a year earlier. The improvement was driven mainly due to stronger contributions from the India business.

Revenue Rises Over 8 Percent YoY

The total income of the company increased to Rs 59,052.84 crore from Rs 54,503.30 crore in the corresponding quarter a year ago, up over 8 percent year-on-year.

India operations remained the key growth engine and accounted for approximately Rs 38,592 crore, including Neelachal Ispat Nigam Ltd.

Management Highlights Improved Margins and Strategic Focus

ED and CFO Koushik Chatterjee elaborated that it is essential to sequence and optimize decarbonisation capital expenditure against evolving policy environments both in the EU and the UK. Strong balance-sheet discipline – Tata Steel UK debt was down by 540 million pounds, while consolidated gross debt was down around Rs 3,300 crore QoQ at Rs 95,643 crore – he said.

India Operations Report Strong Growth

Crude steel production increased by 8% QoQ to 5.65 million tonnes in India, while deliveries were up 17% QoQ to 5.55 million tonnes on the back of better domestic demand.

Europe Performance Mixed

Netherlands

Revenue from the Netherlands business stood at1,551 million euros, with an EBITDA of 92 million euros. Production of liquid steel was at 1.67 million tonnes, while deliveries closed at 1.54 million tonnes.

United Kingdom

UK revenue came in at 505 million pounds, while the operation reported an EBITDA loss of 66 million pounds. Deliveries were 0.57 million tonnes, slightly lower due to subdued market demand.

Capex and Debt Position

Tata Steel’s capital expenditure stood at Rs 3,250 crore for the quarter and Rs 7,079 crore for six months. The net debt is at Rs 87,040 crore.

Portfolio Moves: Tata BlueScope and IMFA Transaction

Tata BlueScope and IMFA Transaction As part of its strategy to strengthen the India downstream portfolio, Tata Steel signed a share purchase agreement with BlueScope Steel for acquiring the remaining 50 percent stake in Tata BlueScope Steel Private Limited. The transaction is pending regulatory clearances.

The company has executed an Asset Transfer Agreement with Indian Metals & Ferro Alloys Ltd for the sale of its Ferro Alloy Plant at Jajpur, Odisha for Rs 610 crore.

Q2 performance underlines the operational resilience of Tata Steel and its concerted effort toward strengthening the domestic portfolio while reworking global operations for long-term sustainability.

REF: https://nsearchives.nseindia.com/corporate/SWATISHETH_12112025181159_BSENSE_-_Press_Release.pdf

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