Tata Steel revenue and financials

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Close · October 5, 2026

In the fiscal year ended March 2026, Tata Steel reported revenue of ₹2.32T (+6.22% year over year). Net income was ₹107.94B, a net margin of 4.6%.

Annual revenue · 2026: ₹2.32T
  1. ₹2.44T2022
  2. ₹2.43T2023
  3. ₹2.29T2024
  4. ₹2.19T2025
  5. ₹2.32T2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+6.22%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+215.56%
FY to Mar 2026 vs FY to Mar 2025
Net margin
4.6%
FY to Mar 2025: 1.6%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total revenue2,321,3992,185,4252,291,7082,433,5272,439,592
Cost of revenue1,022,6481,043,7221,127,8121,232,217902,775
Gross profit1,298,7511,141,7031,163,8961,201,3101,536,817
Selling, general and administrative259,990248,890245,096253,428259,364
Operating income219,738144,576123,860213,148557,219
EBIT219,738144,576123,860213,148557,219
EBITDA327,374239,647212,880296,495637,202
Interest expense71,67173,41075,07662,98754,622
Pre-tax income159,68784,129-11,470182,351502,269
Income tax50,82952,39137,626101,59884,776
Net income107,93934,205-44,37487,604401,539
Net income to common shareholders107,93934,205-44,37487,604401,528
Basic EPS8.652.74-3.627.1733.24
Diluted EPS8.652.74-3.627.1733.21
Average shares (basic)12,47212,47212,26812,21012,081
Average shares (diluted)12,47512,47512,27112,21412,091
Dividend per share4.003.603.603.605.10