Whalesbook
Record Indian Operations
Tata Steel India has reported its strongest quarterly performance to date, posting provisional crude steel production of 6.34 million tonnes (MT) for the third quarter of FY2026. This figure marks a significant 12% increase both quarter-on-quarter and year-on-year, boosted by enhanced output at its Jamshedpur and Kalinganagar facilities.
This production surge translated directly into record-breaking deliveries for the company's Indian operations, which surpassed the six-million-tonne mark for the first time. In Q3 FY26, deliveries reached 6.04 MT, a 9% rise from the previous quarter and a 14% increase compared to the same period last year. These gains were underpinned by robust domestic sales across various verticals.
The automotive and special products segment recorded its best-ever quarterly volumes, nearing 0.9 MT, a 20% year-on-year jump driven by high-tensile grades and specialty steel. Branded products and retail also crossed two million tonnes for the first time, growing 12% year-on-year, fueled by popular brands like Tata Tiscon. The industrial products and projects vertical contributed approximately 1.9 MT, with engineering segments posting record nine-month volumes.
Global Performance Snapshot
Internationally, Tata Steel Netherlands reported liquid steel production of 1.68 MT and deliveries of 1.40 MT in Q3 FY26, experiencing lower sequential deliveries due to seasonal factors and a subdued market. Tata Steel UK delivered 0.52 MT during the quarter, continuing work on its EAF project. Tata Steel Thailand saw a 5% year-on-year increase in deliveries to 0.29 MT, supported by strong domestic rebar demand.
Tata Steel's e-commerce platforms, Aashiyana and DigECA, saw gross merchandise value surge by 68% year-on-year to ₹2,380 crore in Q3 FY26. Shares of Tata Steel Ltd concluded trading on January 7 at ₹183.55, down 1.42% on the BSE.