Tata Steel has reported a significant rise in profits for the latest quarter. The Indian steelmaker, which operates the IJmuiden blast furnace complex, saw strong performance at its domestic plants, offsetting rising costs.
During the third quarter, which ended in December 2025, the company earned a net profit of 26.9 billion rupees, equivalent to approximately €250 million. This is an eightfold increase from the 3.3 billion rupees recorded during the same period the previous year. According to Bloomberg, these figures exceeded analyst expectations of 25 billion rupees.
Total revenue grew by more than 6 per cent to 570 billion rupees, though this was slightly lower than predicted. Revenue for Tata Steel India rose by 8.6 per cent to nearly 356 billion rupees. Total expenses increased by nearly 3 per cent to 536 billion rupees.
The Dutch division, Tata Steel Netherlands, recorded a positive result of €55 million before interest, taxes, depreciation, and amortisation. Over the first nine months of the financial year, this result was three times higher than the same period last year.
Chief Financial Officer Koushik Chatterjee stated that the company is monitoring two European Union measures. These include a tighter quota for steel imported from outside the EU and a new carbon tax on imports at Europe’s borders. Both measures could impact the European steel market later this year.
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