Tata Steel on Friday posted a more than two-fold rise in consolidated net profit to Rs 2,965 crore for the January–March quarter of 2025–26, driven by higher revenues from India operations. It had reported a net profit of Rs 1,201 crore during the same period a year ago, the company said in an exchange filing. During January–March, the company’s total income rose to Rs 63,518.60 crore from Rs 56,679.11 crore in the fourth quarter of 2024–25.
For the entire FY26, the company has posted a net profit of Rs 10,885.82 crore, over three-fold jump from Rs 3,173.78 crore in 2024–25. Total income rose to Rs 2,33,541.72 crore from Rs 2,20,083.04 crore in FY25. Tata Steel’s India revenues stood at Rs 38,447.96 crore in the fourth quarter, higher than Rs 34,398.84 crore in the last quarter of FY25.
Neelachal Ispat and other Indian operations jointly generated revenue of over Rs 6,604 crore, higher from Rs 4,277 crore in Q4 2024-25.
SAIL profit grows over 42%
State-owned steel maker SAIL on Friday posted an over 42 per cent rise in standalone net profit to Rs 1,680 crore during the March quarter of FY26, citing higher revenues. The company had reported a net profit of Rs 1,178 crore in the year-ago period, Steel Authority of India Ltd (SAIL) said in a statement. During January–March, the company’s revenue from operations increased to Rs 30,813 crore from Rs 29,316 crore recorded in the fourth quarter of the preceding 2024-25 financial year. The company’s board also approved a final dividend of Rs 2.35 per equity share for FY26.
Bajaj Electricals Ltd on Friday reported a consolidated net loss of Rs 67.53 crore for the March quarter of FY26 due to contraction in gross margin and impact from new labour codes.
The company had posted a net profit of Rs 59.05 crore in January–March FY25, according to a regulatory filing from Bajaj Electricals. Bajaj Electricals had reported an exceptional item (net loss) of Rs 55.58 crore in the March quarter, mainly due to impairment of Rs 29.31 lakh on certain property, plant and equipment and the implementation of new Labour Codes.
