Athira Sethu
Kochi, 10 Feb 2026
Tata Steel’s Q3FY26 story is one of sharp profit rebound, steady revenue growth, and contrasting regional performances, set against a challenging global steel environment marked by tariffs, geopolitics, and record Chinese exports.
Quarterly Financial Snapshot (Q3FY26 vs Q3FY25)
| Metric | Q3FY26 | Q3FY25 | YoY Change |
| Net Profit | ₹2,689 crore | ₹327 crore | ↑ 8x+ |
| Revenue from Operations | ₹57,002 crore | ₹53,648 crore | ↑ 6% |
| EBITDA | ₹8,199 crore | — | ↑ 39% |
| EBITDA Margin | 14.4% | — | +340 bps |
India Operations Performance
| Metric | Q3FY26 |
| Revenue | ₹35,725 crore |
| EBITDA | ₹8,291 crore |
| EBITDA Margin | 23% |
| Crude Steel Production | 6.34 million tonnes |
| YoY Production Growth | 12% |
| Delivery Growth | 14% YoY |
Europe Operations: Netherlands
| Metric | Q3FY26 |
| Revenue | €1,354 million |
| EBITDA | €55 million |
| Liquid Steel Production | 1.68 million tonnes |
| Deliveries | 1.40 million tonnes |
Europe Operations: United Kingdom
| Metric | Q3FY26 |
| Revenue | £468 million |
| EBITDA | -£63 million |
| Deliveries | 0.52 million tonnes |
| Demand Environment | Subdued, impacted by imports |
Source: This information has been sourced from exchange filing by Data Biz Times.
