Archive · 31 Jul 2026

Tata Steel Q1FY27 Earnings Beat Revenue, Missed Profit Forecast

Tata Steel Q1FY27 Earnings Beat Revenue, Missed Profit Forecast

Tata Steel, India's oldest steel company, made more money in the first quarter of its 2027 financial year than it did a year ago.

It earned about 2,318 crore rupees, but this was a little less than what analysts expected.

The company sold more steel and made more revenue, about 60,794 crore rupees, which was higher than expected.

It spent a lot of money on new plants and equipment, about 3,579 crore rupees.

The company said it is working hard to keep costs down and improve cash flow, even though it faced some supply‑chain problems.

Sources