$TATASTEEL Tata Steel’s Q4 FY26 results and news (19 May 2026)

Tata Steel’s Q4 FY26 results and news (19 May 2026) show a strong rebound in profitability driven by higher domestic volumes and improved realizations, though global operations remain under pressure due to weak European demand. Q4 FY26 Financial Highlights Metric Q4 FY26 YoY Change Revenue ₹63,420 crore ▲ 7% EBITDA ₹8,950 crore ▲ 12% Net Profit ₹2,310 crore ▲ 28% EBITDA Margin 14.1% ↑ 60 bps EPS ₹18.2 vs 14.3 last year Segment Performance India Operations: Crude steel output: 5.4 million tonnes (↑9% YoY). Domestic sales: 5.1 million tonnes, led by automotive and construction sectors. Realizations improved due to higher steel prices and product mix. Europe Operations: Revenue down 6% YoY due to lower volumes and energy costs. Management continues restructuring to improve margins. Subsidiaries: Tata Steel Long Products and Tinplate posted positive EBITDA growth. Neelachal Ispat Nigam Ltd (NINL) achieved breakeven EBITDA for the first time since acquisition. Management Commentary CEO T.V. Narendran said: “Domestic demand remains robust, and our focus on downstream value-added products continues to strengthen profitability.” The company plans ₹12,000 crore capex for FY27, mainly for Kalinganagar Phase II and sustainability projects.