Mumbai, Nov. 12 -- Tata Steel Ltd on Wednesday reported a better-than-expected net profit for the September quarter, driven by higher deliveries in India and the Netherlands and lower coking coal prices.

The country's second-largest steelmaker by capacity reported a nearly fourfold year-on-year and 49% quarter-on-quarter jump in consolidated net profit attributable to shareholders to Rs.3,101.75 crore, surpassing Bloomberg's estimate of Rs. Rs.2,739.58 crore based on forecasts from 16 analysts.

Despite global challenges such as tariffs, geopolitical tensions, and elevated steel exports, the company delivered a "resilient performance", said managing director and chief executive T.V. Narendran in a statement.

"We continue to strengthen o...