Business · Companies · 7 hrs ago
Tata Steel to announce second-quarter results on October 27
India-based Tata Steel will review its results on October 27 at a board meeting.
The company will consider its results for the quarter and half-year ending September 30, 2026.
Analysts are watching Indian steel demand and prices, costs for raw materials and the performance of the company’s European operations.
Nuvama expects earnings per tonne to fall by about ₹610 from the previous quarter, but says this would be the smallest drop among the steel companies it covers.
The brokerage also expects Tata Steel Europe to move into a small operating profit, partly offset by higher losses in the UK.
Investors will get the company’s results after the board meeting, while Tata Steel shares closed at ₹175.50 on Friday.
Tata Steel will announce its results for the quarter and half year ended September 30, 2026, on October 27.
The company said its board will consider and take on record the results at a meeting that day.
Nuvama expects Tata Steel’s EBITDA per tonne to decline by about ₹610 sequentially, the smallest drop among the steel companies it covers.
Nuvama expects Tata Steel Europe to turn EBITDA-positive at around $7 per tonne, compared with a loss of $17 per tonne in the previous quarter.
- Who
- Tata Steel and its board of directors.
- What
- The board will consider and take on record the company’s results for the quarter and half year ended September 30, 2026.
- When
- October 27, 2026.
- Where
- Not stated.
- Why
- The board meeting is to consider and take on record the company’s financial results.
This story does not have two clearly opposing sides.
Tata Steel made the board meeting date public through an exchange filing.
The board is scheduled to consider and take on record the company’s quarterly and half-year results.
- Results meeting
- October 27, 2026
- Reporting period
- Quarter and half year ended September 30, 2026
- Nuvama EBITDA estimate
- Decline of around ₹610 per tonne sequentially
- Tata Steel Europe estimate
- Around $7 EBITDA per tonne in Q2, versus a $17 loss per tonne in Q1
What people are saying
A meeting of the Board of Directors of Tata Steel Limited (‘Company’) will be held on Tuesday, October 27, 2026, inter alia, to consider and take on record the audited Standalone and unaudited Consolidated financial results of the Company for the quarter and half year ended September 30, 2026.
In Tata Steel's Q2 results 2026, the key factors market participants are likely to track are Indian steel demand, domestic steel prices, European operations, raw-material costs and the company’s operating margins.