Tata Steel Limited achieved consolidated net profit of INR 23.85 billion ($249.43 million) in first quarter (April-June) of fiscal 2026-27, a rise of 19 percent over corresponding quarter of previous fiscal, according to a company statement on Friday, July 31.
The company said that profit growth was primarily driven by revenues generated from operations in India.
The company reported total income during the quarter at INR 610.26 billion ($6.39 billion) a rise of 14 percent.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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