Tata Steel has officially released its provisional production and delivery volumes for the third quarter of the 2026 fiscal year (3QFY26), showcasing a period of record-breaking performance specifically within its Indian operations. The company, which maintains a global crude steel capacity of 35 million tonnes per annum, achieved its "best-ever" quarterly crude steel production in India during this period. These results reflect the company’s ongoing efforts to scale its domestic infrastructure, particularly through its major facilities at Jamshedpur and Kalinganagar.
In 3QFY26, Tata Steel India’s crude steel production reached 6.34 million tons, representing a 12 per cent increase on both a quarter-on-quarter (QoQ) and year-on-year (YoY) basis. This surge contributed to a total nine-month production figure of approximately 17.2 million tons for the current fiscal year, a 6 per cent rise compared to the previous year. The increased output was essential in supporting the company's delivery targets as domestic demand for steel continued to show strength across various industrial sectors.
The company also hit a major milestone in its delivery volumes, crossing the 6 million ton mark in India for the first time in a single quarter. Total deliveries for the Indian segment stood at 6.04 million tons, a 14 per cent increase YoY. For the first nine months of FY26, total deliveries in India reached 16.34 million tons, up 6 per cent from the 15.34 million tons recorded during the same period in the prior fiscal year. This growth was largely fueled by strong sales within the domestic market.
Within the domestic verticals, the 'Automotive & Special Products' segment achieved record quarterly volumes of 0.9 million tons, a 20 per cent YoY increase. This was largely due to rapid approvals from Original Equipment Manufacturers (OEMs) for high-tensile grades produced at the Kalinganagar downstream facilities. Similarly, the 'Branded Products & Retail' vertical surpassed the 2 million ton delivery threshold for the first time, growing 12 per cent YoY thanks to the performance of core brands like Tata Tiscon and Tata Steelium.
The 'Industrial Products & Projects' vertical delivered 1.9 million tons, with its Engineering sub-segment achieving its best-ever nine-month volumes. This success was supported by international certifications that allowed the company to serve specialised sectors like Shipbuilding and Oil & Gas. Furthermore, the company’s digital transformation efforts saw significant traction, with its e-commerce platforms, Tata Steel Aashiyana and DigECA, recording a Gross Merchandise Value of Rs 2,380 crores, a 68 per cent increase on a YoY basis.
In contrast to the record-setting growth in India, the European operations faced more complex market dynamics. Tata Steel Netherlands produced 1.68 million tons of liquid steel, but deliveries dropped to 1.40 million tons due to seasonal factors and a subdued market. Meanwhile, Tata Steel UK reported 0.52 million tons in deliveries as it continues its transition toward greener technology. Enabling works for its Electric Arc Furnace (EAF) project are currently advancing, with the site being reshaped for the next phase of construction.
Looking toward the future, Tata Steel remains committed to its sustainability goal of reaching Net Zero by 2045. Currently, over 90 per cent of the company’s steel production in India comes from sites certified by Responsible Steel™. With a consolidated turnover of approximately US$26 billion in the previous fiscal year and a presence across five continents, the company continues to focus on value-added growth and its downstream portfolio to maintain its leadership in the global steel industry.
Disclaimer: The article is for informational purposes only and not investment advice.
Tata Steel Q3FY26 Results: India Operations Surge While UK and Netherlands Face Market Headwinds