New Delhi, Nov. 13 -- Tata Steel share price rose over 3% in early trade on Thursday after the company announced its Q2 results. Tata Steel shares gained as much as 3.10% to Rs.184.20 apiece on the BSE.
Tata Steel reported a 272% jump in its consolidated net profit at Rs.3,102 crore for the second quarter of FY26 as compared to a net profit of Rs.833 crore in the year-ago period.
The company's consolidated revenue from operations in Q2FY26 grew 9% to Rs.58,689 crore from Rs.53,905 crore, year-on-year (YoY).
Consolidated EBITDA on a reported basis increased by 46% YoY to Rs.9,106 crore, with a margin of around 16%. The rise in operating profit was led by an increase of EBITDA in its Netherlands operations, a decrease in the EBITDA loss ...
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