ReferIndia News Tata Steel FY26 PAT surges to Rs 10,886 crore on cost savings

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Tata Steel FY26 PAT surges to Rs 10,886 crore on cost savings

Published on: July 2, 2026, 10:20 a.m. | Source: scanx.trade

Tata Steel Limited presented its 119th Annual General Meeting investor presentation on July 2, 2026, reporting a consolidated Profit After Tax of Rs 10,886 crore for FY26, a significant rise from Rs 3,174 crore in the previous year. This performance was driven by a 320 basis points improvement in EBITDA to Rs 34,848 crore and cost transformation savings of Rs 10,868 crores. The company announced a dividend of Rs 4.0 per share, outlined expansion plans to increase capacity to over 40 MTPA, and reaffirmed its commitment to Net Zero emissions by 2045.

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