In a recent financial update, Tata Steel reported revenues of Rs 56,218 crore for the fiscal year, falling short of the anticipated Rs 57,295 crore and reflecting a 4.2% decrease from the previous year. This period has been characterized as a crucial transitional phase, according to TV Narendran, the Managing Director and CEO. He emphasized significant operational achievements across various regions, notably the launch of the largest blast furnace at the Kalinganagar facility and the retirement of two blast furnaces in the UK.

Operational Highlights

• Record Deliveries in India: Tata Steel achieved a historic delivery milestone of approximately 21 million tonnes, marking a 5% increase year-on-year. This growth was primarily driven by the ramp-up at Kalinganagar and near-full capacity utilization in other facilities.

• Quarterly Performance: The fourth quarter saw deliveries rise to 8.33 million tonnes, compared to 7.98 million tonnes in Q4 FY24 and 7.72 million tonnes in Q3 FY25. Steel production during this quarter totaled 7.45 million tonnes.

Financial Insights

Koushik Chatterjee, Chief Financial Officer, reported a 10% improvement in consolidated EBITDA for FY25, attributing this growth to increased volumes and effective cost management despite lower realizations.

• Tata Tiscon’s Achievement: The brand achieved a stunning 19% year-on-year growth, reaching around 2.4 million tonnes.

• Investment in Innovation: Narendran highlighted Tata Steel’s commitment to high-value sectors like automotive steel and commercial shipbuilding, with over Rs 1,600 crore allocated for research and development in the last five years.

Regional Performance Breakdown

• India Operations: Tata Steel India generated revenues of Rs 34,661 crore with an EBITDA of Rs 7,418 crore, yielding an EBITDA margin of 21%. Crude steel production stood at 5.44 million tonnes, slightly lower due to maintenance activities at the Jamshedpur plant.

• UK Operations: Revenue in the UK reached £551 million, with EBITDA skyrocketing to £80 million, up from £34 million in Q4 FY24. Deliveries in the region increased by 12%, reaching 0.63 million tonnes.

• Netherlands Operations: The Dutch segment reported revenues of €1,624 million and an EBITDA of €14 million, with deliveries climbing 14% to 1.75 million tonnes. A long-term competitiveness program was initiated in April 2025.

Annual Financial Overview

For the entire fiscal year, Tata Steel’s revenue was recorded at Rs 218,543 crore, with an EBITDA of Rs 25,802 crore and a net profit amounting to Rs 3,421 crore. The capital expenditure for the March quarter was Rs 3,220 crore, bringing the annual capex to Rs 15,671 crore. The company reported a net debt of Rs 82,579 crore, alongside cash and cash equivalents totaling Rs 12,222 crore.

With a focus on strategic growth and operational excellence, Tata Steel is navigating a transformative phase while bolstering its presence in high-demand steel markets. This proactive approach is expected to position the company favorably for future challenges and opportunities.