Tata Steel Q2 Profit Surges 319% to ₹3,183 Crore

Tata Steel Q2 Profit Soars 319% to ₹3,183 Crore

Tata Steel has reported an extraordinary 319% surge in consolidated net profit for the second quarter ending September 30, 2025, reaching ₹3,183 crore compared to ₹759 crore in the same period last year.

Key Financial Highlights

  • Consolidated net profit: ₹3,183 crore (up 319% YoY)
  • Consolidated turnover: ₹53,178 crore (down 1.34%)
  • India business profit: ₹4,215 crore (up 22% YoY)
  • India turnover: ₹34,787 crore (up 12% YoY)

International Performance

The company’s Netherlands operations reported revenues of €1,551 million with EBITDA of €92 million, while UK operations saw revenues of £505 million with an EBITDA loss of £66 million.

Major Acquisition Approved

Tata Steel’s board has approved the acquisition of an additional 50% equity stake in Tata BlueScope Steel Private Ltd (TBSPL) for up to ₹1,100 crore. This strategic move will give Tata Steel full ownership of the joint venture previously shared equally with BlueScope Steel Ltd.

The company executed the share purchase agreement on November 12, 2025, with TBSPL, BlueScope Steel Asia Holdings Pty Ltd (BSAH), and BlueScope Steel Ltd.

Management Commentary

T.V. Narendran, Chief Executive Officer & Managing Director, Tata Steel said, “The global operating environment remained challenging with persistent overhang of tariffs, geopolitical tensions and elevated steel exports. Despite this, Tata Steel delivered a resilient performance with the EBITDA margin improving for the second consecutive quarter.”

“In India, while the crude steel production rose 8%, deliveries grew at a higher rate of 17% QoQ as our marketing franchise enabled us to scale effectively. We continue to strengthen our market leadership across key segments, underpinned by capacity expansion and a focused downstream strategy,” he said.

“Kalinganagar’s continuous annealing line and galvanising line have expanded our hi-end product offerings to Automotive. Our new 0.5 MTPA combi mill will further amplify this advantage and strengthen our presence in specialty steel segment,” he added.

Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel said, “The company continued to perform despite the challenging operating environment. We remain focused on volume growth in India, strengthening our raw material linkages and optimising capital allocation.”

“We are closely monitoring policy developments in EU and U.K. and will look to prioritise, optimise and sequence the decarbonisation capex spend such that it is affordable to all stakeholders,” he said.

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