Tata Steel reported a 125 percent year-on-year jump in Q4 FY2025/2026 consolidated net profit to ₹2,926 crore (USD ~350 million), released to the National Stock Exchange of India on 15 May 2026, with the board recommending a dividend of ₹4 (~USD 0.05/share) per equity share.
Consolidated revenue rose 12.5 percent year-on-year to ₹63,270 crore (~USD 7.57 billion). Tata Steel India delivered ₹38,448 crore (~USD 4.60 billion) in segment revenue; Netherlands operations contributed ₹17,016 crore (~USD 2.04 billion), with EBITDA nearly tripling annually. The dividend record date is 12 June 2026, with payment from 6 July 2026.
Following the result, brokers cut FY28 EBITDA estimates citing Netherlands regulatory pressure, UK EAF grid-connection delays, and a postponed FID on the Kalinganagar green project to July–September 2026.
Why it matters for green steel: Strong India earnings reinforce Tata’s capacity to self-fund the £1.25 billion Port Talbot EAF conversion and the Kalinganagar green project, but execution risk across IJmuiden, Port Talbot, and India remains the binding constraint.