Tata Steel revenue and financials

500470 · BSE · INR

₹175.50−1.74%−₹3.10

Close · October 7, 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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets—3,012,541—2,855,653—2,793,948—2,808,407—2,734,235—2,718,140
Current assets—725,202—666,227—683,915—740,235—705,483—749,378
Cash and equivalents—88,850—76,576—96,050—99,339—70,808—99,322
Short-term investments—906—8,280—16,948—5,045———26,580
Receivables—50,699—58,516—54,913—61,353—64,205—68,279
Inventory—472,492—455,894—445,899—511,719—491,575—491,708
Net property, plant and equipment—1,874,612—1,802,334—1,739,050—1,697,717—1,644,942—1,587,788
Goodwill—75,338—63,195—59,585—60,316—57,453—56,059
Other intangible assets—134,097—126,948—126,729—127,974—129,304—133,051
Long-term investments—61,059—60,746—57,760—59,665—55,450—50,346
Current liabilities—969,176—897,588—860,936—919,469—984,035—1,025,731
Accounts payable—348,101—300,769—293,144—325,024—302,276—332,567
Long-term debt—637,537—658,596—685,518—671,478—515,767—471,956
Total debt—923,817—956,431—948,011——————
Total liabilities—1,974,737—1,896,334—1,880,420—1,903,317—1,809,908—1,810,118
Total equity (incl. minority)1,037,8051,037,805959,319959,319913,528913,528905,090905,090924,327924,327908,023908,023
Retained earnings—525,873———466,110———477,274——
Minority interest—16,128—9,846—1,832—3,620—3,970—16,051