Tata Steel revenue and financials

TATASTEEL · NSE · INR

₹175.64Change from previous close: −1.71%Absolute change: −₹3.05

Close · October 7, 2026

In the fiscal year ended March 2026, Tata Steel reported revenue of ₹2.3T (+6.20% year over year). Net income was ₹107.94B, a net margin of 4.7%.

Annual revenue · 2026: ₹2.3T
  1. ₹2.42T2023
  2. ₹2.27T2024
  3. ₹2.17T2025
  4. ₹2.3T2026

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

At a glance

Revenue growth
+6.20%
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
4.7%
FY to Mar 2025: 1.6%

Financial data

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

Balance sheet · Quarterly
ItemQ1 2026Q3 2025Q1 2025
Total assets3,012,5412,855,6532,793,948
Current assets725,202666,227683,915
Cash and equivalents88,85066,94896,050
Short-term investments31,87233,69216,948
Inventory472,492455,894445,899
Net property, plant and equipment2,001,3391,802,3341,859,528
Goodwill75,33863,19559,585
Other intangible assets23,415126,94815,394
Long-term investments29,43530,28729,709
Current liabilities969,176897,588860,936
Accounts payable348,101300,769293,144
Long-term debt637,537658,596685,518
Total debt923,817956,431948,011
Total liabilities1,974,7371,896,3341,880,420
Total equity (incl. minority)1,037,805959,319913,528
Retained earnings396,748—336,985
Minority interest16,1289,8461,832