TATASTEEL

Profit Up, But Street Wanted More

shares slipped nearly 3% after the company posted Q4 FY26 net profit of ₹2,926 crore, which was below Street expectations despite more than doubling year-on-year growth. Higher raw material costs, rising coking coal prices, and one-time restructuring charges in the Netherlands operations weighed on margins, leading to investor disappointment. However, several brokerages still remain positive on the stock due to strong India business performance and improving long-term steel demand outlook.