Tata Steel Q1FY27 Consolidated EBITDA ₹9,370 Cr

Tata Steel reported a Consolidated EBITDA of ₹9,370 crores for the quarter ended June 30, 2026, a 25% year-on-year improvement despite a volatile operating environment. Consolidated revenues stood at ₹60,794 crores. India operations were a strong performer with revenues of ₹36,989 crores and EBITDA of ₹9,908 crores, achieving a 27% EBITDA margin. The company also announced a significant expansion project at Neelachal Ispat Nigam Limited, with a Board approval for a 4.8 MTPA steelmaking capacity expansion at an estimated capex of ₹33,873 crores. Net debt was ₹84,173 crores, with a Net debt to EBITDA ratio of 2.3x. Group liquidity remains robust at ₹45,950 crores.