Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Decisions
Date of Board Meeting / Approval: July 30, 2026
Audit Opinion: Clean opinion on standalone financial results (unmodified opinion)
Auditor's Comment: Material uncertainty highlighted regarding Tata Steel Netherlands' operations due to environmental regulatory issues and Tata Steel UK's going concern basis
Key Financial Highlights [₹ crore]
Standalone Results:
Revenue from Operations: ₹36,896.55 (YoY: +19% from ₹31,014.36 in Q1 FY26; QoQ: -4% from ₹38,447.96 in Q4 FY26)
Total Income: ₹37,387.90
Net Profit: ₹4,535.59 (YoY: +29% from ₹3,523.25 in Q1 FY26; QoQ: -3% from ₹4,659.74 in Q4 FY26)
EPS: ₹3.63 (YoY: ₹2.82; QoQ: ₹3.74)
Other Equity: Not explicitly stated in standalone results
Cash and Cash Equivalents: Not specified in provided data
Debt: Paid-up debt capital ₹15,159.95 crore (representing debentures)
Consolidated Results:
Revenue from Operations: ₹60,794.29 (YoY: +14% from ₹53,178.12 in Q1 FY26; QoQ: -4% from ₹63,270.13 in Q4 FY26)
Total Income: ₹61,026.97
Net Profit: ₹2,385.24 (YoY: +19% from ₹2,007.36 in Q1 FY26; QoQ: -20% from ₹2,965.00 in Q4 FY26)
- Attributable to Owners: ₹2,318.35
- Attributable to Non-controlling Interests: ₹66.89
EPS: ₹1.86 (YoY: ₹1.67; QoQ: ₹2.34)
Other Equity: Not explicitly stated in consolidated results
Cash and Cash Equivalents: Not specified in provided data
Debt: Not explicitly stated in consolidated results
Segment-wise Performance [₹ crore]:
Tata Steel India Revenue: ₹36,896.55
Tata Steel India Segment Results: ₹9,409.17
Neelachal Ispat Nigam Limited Revenue: ₹1,712.24
Neelachal Ispat Nigam Limited Segment Results: ₹498.48
Tata Steel Netherlands Operations Revenue: ₹15,802.71
Tata Steel Netherlands Operations Segment Results: ₹391.2
Tata Steel UK Operations Revenue: ₹6,115.30
Tata Steel UK Operations Segment Results: ₹(340.72) loss
Other Indian Operations Revenue: ₹4,395.03
Other Indian Operations Segment Results: ₹438.55
Corporate Actions:
Dividend declarations: Not specified
Share split/bonus issue/buyback: Not specified
Capital raising: Not specified
Other Significant Information:
Capacity Expansion: Approved ₹33,873 crore capex for 4.8 MTPA capacity addition at Neelachal Ispat Nigam Limited
Asset Useful Lives: Reassessment resulted in additional ₹294.49 crore depreciation charge for the quarter
Acquisition: Approved acquisition of 23% equity stake in TM International Logistics Limited for ₹335 crore
Entities in Consolidation: 41 subsidiaries, 9 joint ventures, 4 associate companies included in consolidation