Tata Steel profits up 9x on improved sales
Tata Steel's Q3FY26 profit soared multifold to Rs 2,730 crore, driven by a 14% surge in domestic delivery volumes, marking a first with over six million tonnes. Despite weak steel prices, increased capacity utilization boosted revenue by 6% to Rs 57,002 crore. Recent import tariffs are expected to further support domestic producers.