Tata Steel Ltd. reported a 16.23% YoY rise in consolidated net profit to Rs.3,699.59 crore for Q2 FY27, compared with Rs.3,183.09 crore in the corresponding quarter last year. Revenue from operations grew 11.5% to Rs.65,436.24 crore from Rs.58,689.29 crore.
The India business remained a key contributor, with segment revenue increasing 22.65% to Rs.42,535.28 crore. However, performance across its overseas operations remained mixed, with revenue declining in the Netherlands and the UK. The company also reported a net exceptional gain of Rs.348.68 crore during the quarter, compared with an exceptional loss in the year-ago period.
The Financial Express
Source: Financial Express, 7 November 2026
