Tata Steel Q1 Results 2027: Profit Falls 21% QoQ, Revenue Dips 3.9%
Tata Steel reported double-digit year-on-year growth in Q1 FY27, although profit and revenue declined from the previous quarter due to lower realizations and an exceptional loss.
Tata Steel Q1 FY27 Results: Consolidated revenue fell 3.9% QoQ to ₹60,794 crore, while net profit dropped 20.8% QoQ to ₹2,318 crore on a one-time exceptional loss of ₹345 crore. EBITDA margin came in at 15.2%, down from 15.5% in Q4 FY26. On a yearly basis, both revenue and profit rose in double digits.
Tata Steel Q1 Results FY2027: On 30 July 2026, Tata Steel announced its consolidated financial results for the quarter ended 30 June 2026. Revenue from operations rose 14.34% YoY to ₹60,794.29 crore, while Profit After Tax (PAT) attributable to owners increased 11.58% YoY to ₹2,318.35 crore. However, both revenue and profit declined on a quarter-on-quarter basis.
Ahead of the Q1 FY27 results, Tata Steel shares closed 0.15% lower on 30 July. However, the stock is up 3% on a year-to-date (YTD) basis and has gained 16% over the past one year (30 July 2025 to 30 July 2026).
As of 30 July, 3:30 PM
READ THIS ALSO: NSDL Q1 Results 2027
Tata Steel Q1 FY27 Results Highlights (Consolidated)
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Tata Steel closed the first quarter of FY27 with revenue from operations at ₹60,794 crore, down 3.9% from ₹63,270 crore in the March quarter. Against the same period last year, revenue is up 14.3% from ₹53,178 crore, helped by better volumes across its Indian and European operations.
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Total income followed the same pattern. It stood at ₹61,027 crore in Q1 FY27, down 3.9% from ₹63,519 crore in Q4 FY26, but up 14.1% from ₹53,467 crore a year earlier.
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EBITDA came in at ₹9,264 crore for the quarter. That's a 5.7% drop from ₹9,829 crore in Q4 FY26, but a 24.7% jump from ₹7,428 crore in Q1 FY26.
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EBITDA margin slipped to 15.24% from 15.53% in the previous quarter, though it improved from 13.97% a year ago.
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Consolidated net profit attributable to owners of the company fell 20.8% quarter-on-quarter to ₹2,318 crore, from ₹2,926 crore in Q4 FY26. Compared with Q1 FY26, profit was still up 11.6% from ₹2,078 crore
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
60,794.29 |
63,270.13 |
-3.91% |
53,178.12 |
+14.34% |
|
Total Income (₹ Cr) |
61,026.97 |
63,518.60 |
-3.92% |
53,466.79 |
+14.14% |
|
EBITDA (₹ Cr) |
9,264.34 |
9,828.66 |
-5.74% |
7,427.54 |
+24.73% |
|
EBITDA Margin % |
15.24% |
15.53% |
-29 bps |
13.97% |
+127 bps |
|
PAT — Owners (₹ Cr) |
2,318.35 |
2,925.74 |
-20.76% |
2,077.68 |
+11.58% |
|
EPS — Diluted (₹) |
1.86 |
2.34 |
-20.51% |
1.67 |
+11.38% |
Source: NSE filing, Tata Steel Q1 FY27 Consolidated Financial Results, 30 July 2026
Tata Steel Q1 Segment Performance (Consolidated)
Tata Steel India and NINL led the growth, while UK operations stayed nearly flat
|
Segment |
Q1 FY27 (₹ Cr) |
Q1 FY26 (₹ Cr) |
YoY % |
|---|---|---|---|
|
Tata Steel India |
36,896.55 |
31,014.36 |
+18.97% |
|
Neelachal Ispat Nigam Ltd |
1,712.24 |
926.79 |
+84.79% |
|
Other Indian Operations |
4,395.03 |
2,381.03 |
+84.59% |
|
Tata Steel Netherlands Operations |
15,802.71 |
14,618.69 |
+8.10% |
|
Tata Steel UK Operations |
6,115.30 |
6,095.61 |
+0.32% |
|
Other Trade Related Operations |
12,688.61 |
9,664.36 |
+31.30% |
|
South East Asian Operations |
2,346.41 |
2,143.05 |
+9.49% |
|
Rest of the World |
339.97 |
414.97 |
-18.07% |