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

₹2.44T2022
₹2.43T2023
₹2.29T2024
₹2.19T2025
₹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 · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	607,943	632,701	570,024	586,893	531,781	562,181	536,483	539,047	547,714	586,873	553,119	556,819
Cost of revenue	229,545	348,183	224,418	244,261	205,787	340,757	239,304	239,431	224,230	369,564	224,465	259,031
Gross profit	378,398	284,518	345,607	342,632	325,995	221,424	297,179	299,617	323,484	217,309	328,654	297,788
Selling, general and administrative	72,258	66,982	63,532	63,491	65,986	60,230	60,725	63,266	64,669	61,406	65,271	59,165
Operating income	56,247	61,361	51,509	60,035	46,832	34,197	33,343	35,445	41,590	39,949	38,415	17,880
EBIT	56,247	61,361	51,509	60,035	46,832	34,197	33,343	35,445	41,590	39,949	38,415	17,880
EBITDA	83,156	88,270	75,277	88,222	70,600	57,965	55,598	61,106	63,845	62,204	59,252	42,341
Interest expense	17,705	17,924	17,473	17,750	18,524	17,888	18,041	19,714	17,767	18,423	18,808	19,594
Pre-tax income	38,375	48,104	38,688	42,225	30,671	21,997	16,720	21,643	23,768	18,089	19,279	-67,392
Income tax	14,523	18,454	11,384	10,394	10,597	9,988	13,765	14,055	14,583	12,543	14,058	-2,280
Net income	23,184	29,257	26,887	31,018	20,777	13,008	3,266	8,335	9,596	6,115	5,134	-61,962
Net income to common shareholders	23,184	29,257	26,887	31,018	20,777	13,008	3,266	8,335	9,596	6,115	5,134	-61,962
Basic EPS	1.86	2.34	2.16	2.49	1.67	1.04	0.26	0.67	0.77	0.49	0.42	-5.07
Diluted EPS	1.86	2.34	2.16	2.49	1.67	1.04	0.26	0.67	0.77	0.49	0.42	-5.07
Average shares (basic)	12,464	12,503	12,448	12,457	12,441	12,508	12,563	12,440	12,462	12,479	12,223	12,221
Average shares (diluted)	12,464	12,503	12,448	12,457	12,441	12,508	12,563	12,440	12,462	12,479	12,223	12,221
Dividend per share	—	4.00	—	—	—	3.60	—	—	—	3.60	—	—