Tata Steel FY26 EBITDA Rs 34,848 Crores, PAT Rs 10,886 Crores

Tata Steel reported a 35% YoY increase in consolidated EBITDA to Rs 34,848 crores and PAT of Rs 10,886 crores for FY2026, driven by strong India performance.
The company commissioned a 0.75 MTPA scrap-based EAF in Ludhiana and executed agreements to acquire an additional 23% stake in TM International Logistics for Rs 335 crores.
Tata Steel Netherlands faces material uncertainty due to regulatory pressures, including potential permit revocation for coke plants and €20 million in FY26 penalties.
The Board recommended a dividend of Rs 4 per share, and net debt declined by Rs 2,285 crores YoY to Rs 80,144 crores with a net debt/EBITDA of 2.3x.