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Tata Steel Q2 FY27: revenue up 11.5% to ₹65,436 Cr, net profit up 16.2% to ₹3,700 Cr

Results · Finvezto · 7 Nov 2026 · Tata Steel (TATASTEEL)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue65,436+7.6%+11.5%
Operating profit10,533+13.7%+18.4%
Net profit3,700+55.1%+16.2%
Operating margin16.1%+0.9 pp+0.9 pp
Net margin5.7%+1.7 pp+0.2 pp

Key points

  • Tata Steel reported consolidated revenue from operations of Rs 65,436 crore for Q2 FY27, up 11.5% from Rs 58,689 crore in Q2 FY26, with EBITDA rising 17.1% to Rs 10,665 crore and PAT rising 16.2% to Rs 3,700 crore. NSE filing
  • Performance was driven by strong delivery volumes in India alongside operational normalization and the restart of the Direct Sheet Plant in the Netherlands. NSE filing
  • Revenue was ₹65,436 Cr, up 11.5% on a year earlier and up 7.6% on the quarter before. Finvezto data

What to watch

  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 14.4%, 15.5%, 15.2%, 16.1%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 2,730, 2,965, 2,385, 3,700.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.