Tata Steel Reports 147% Surge in Profit, Announces Dividend for Shareholders Tata Steel, a flagship company of the Tata Group, announced its financial results for the fourth quarter of the fiscal year 2025-26, revealing a significant rise in net profit. The company’s net profit for the quarter reached 2965 crore rupees, marking a 147% increase compared to the same period in the previous fiscal year, which recorded a net profit of 1,201 crore rupees. This growth underscores the company’s resilience amid challenging market conditions. In addition to the profit surge, Tata Steel declared a dividend of 4 rupees per equity share with a face value of 1 rupee. The dividend distribution is scheduled to occur on June 12, 2026, contingent upon approval from shareholders during the company’s annual general meeting (AGM), set for July 2, 2026. The payment to shareholders is expected to be made on July 6, 2026, following the AGM’s approval. The company’s performance during the quarter was bolstered by a 12.5% increase in operating revenue, which reached 63,270 crore rupees. This growth was driven by improved operational efficiency and cost management strategies. However, regional performance varied, with the Netherlands contributing 17,016 crore rupees in revenue and a profit of 624 crore rupees. In contrast, the UK saw a decline in revenue to 5,774 crore rupees, down from 6,001 crore rupees in the same period the previous year, though the profit in the UK improved to 591 crore rupees from a loss of 591 crore rupees. On a year-to-year basis, Tata Steel’s total revenue for the fiscal year 2025-26 amounted to 2,32,140 crore rupees, a 6.22% increase over the previous fiscal year’s 2,18,543 crore rupees. The company’s net profit for the full year rose to 10,886 crore rupees, a 3.43-fold increase from the previous year.#netherlands #uk #tata_steel #tata_group #t_v_narendran
Tata Steel Q4 FY26 Results Show 125% Profit Surge, 4 Rupee Dividend Announced Tata Steel, a flagship company of the Tata Group, released its financial results for the fourth quarter of fiscal year 2026 (FY26), revealing a net profit of ₹2,926 crore for the period ending March 31, 2026. This marks a significant 125% increase compared to the same quarter in the previous fiscal year, when the company reported a net profit of ₹1,301 crore. The results highlight the company’s strong performance amid market challenges, driven by improved operational efficiency and demand in key sectors. The company also announced a dividend of ₹4 per share for shareholders, with the record date set for July 6, 2026. This decision reflects the board’s confidence in the company’s financial health and its ability to reward investors despite macroeconomic uncertainties. The dividend payout is expected to bolster shareholder returns and maintain investor sentiment in the market. Operational revenue for the quarter rose by 13% year-over-year, reaching ₹63,270 crore, compared to ₹56,218 crore in the same period of FY25. This growth underscores the company’s ability to navigate supply chain disruptions and rising input costs, particularly in the steel sector. The increase in revenue was supported by higher demand for steel products in construction, automotive, and infrastructure sectors, which have remained resilient despite global economic headwinds. Tata Steel’s capital expenditure for the quarter amounted to ₹3,655 crore, with annualized spending for the full fiscal year projected at ₹14,026 crore. These investments are focused on modernizing production facilities, enhancing sustainability initiatives, and expanding capacity to meet growing demand.#stock_price #tata_steel #dividend_announcement #fiscal_year_2026 #tata_group
Sensex Today | Stock Market Live: Nifty below 22,800, Sensex plunges over 1,200 pts; all sectors trade in the red Indian stock indices opened sharply lower on March 23 amid weak global cues, with the Nifty 50 slipping below 23,000 for the first time since April 17, 2025. The Sensex fell over 1,200 points, or 2.04 percent, to 73,012.31, while the Nifty dropped 464.65 points, or 2.01 percent, to 22,649.85. All sectoral indices traded in the red, with auto, media, banking, metals, and PSU banks declining 2 percent or more. Major losers included Hindalco, Tata Steel, SBI, M&M, and HDFC Bank, while gainers were Max Healthcare and ONGC. Nifty Midcap and smallcap indices also fell more than 2 percent. Tata Chemicals saw its share price drop 4.92 percent to Rs 602.65, hitting a 52-week low of Rs 600.50. The stock traded with lower volumes compared to its five-day average. RailTel Corporation of India received orders worth Rs 24.53 crore from East Coast Railway and Rs 1.59 crore from Prasar Bharti, though its share price fell 2.56 percent to Rs 264.35. CLSA maintained an "outperform" rating on Ask Automotive, citing structural tailwinds like Honda’s capacity expansion and a 35 percent revenue exposure to the automaker. However, the stock fell 1.83 percent to Rs 404. Meanwhile, HDFC Bank terminated three senior executives linked to lapses at its Dubai branch, though the Reserve Bank of India confirmed no material concerns about the bank’s operations. The war in West Asia intensified, with President Trump issuing a 48-hour ultimatum to Iran over the Strait of Hormuz. Iranian officials responded by stating the strait remains open to all except those violating their sovereignty, preventing immediate panic in oil markets. However, global risk-off sentiment persisted, impacting stocks, bonds, and even gold, which saw a sharper decline than equities.#sensex #nifty_50 #tata_steel #hindalco #sbi
Top gainers and losers, March 17: Eternal rallies 6%, Tata Steel up 4%, Wipro down 2% The SENSEX and NIFTY50 indices closed higher for the second consecutive day on Tuesday, March 17, driven by buying activity in metal and capital market stocks. The SENSEX surged by 567.99 points or 0.75% to end at 76,070.84, while the NIFTY50 rose by 172.35 points or 0.74% to 23,581.15. The benchmark indices hit intraday peaks during the session, with the SENSEX reaching 76,304.26 and the NIFTY50 touching 23,656.80. Foreign institutional investors (FIIs) sold stocks worth ₹9,365.52 crore on Monday, while domestic institutional investors (DIIs) purchased equities totaling ₹12,593.36 crore. The NIFTY50 was supported by gains in Eternal, which closed 5.59% higher. Other top gainers included Tata Steel (4.42%), Mahindra & Mahindra (2.85%), HDFC Life Insurance Company (2.70%), and Bharat Electronics (2.67%). Bharat Electronics’ stock rose after the company announced additional orders worth ₹1,011 crore. Conversely, the top losers in the NIFTY50 were Wipro (-2.06%), Cipla (-1.51%), Tata Consumer Products (-1.39%), Infosys (-1.26%), and ITC (-1.23%). Wipro and Infosys shares fell amid a broad-based decline in the NIFTY IT index, which dropped 2.6% to a two-year low of 28,288.05. The NSE Midcap gauge rose 1.02% to 55,174.40, bolstered by gains in National Aluminium Company (6.41%), Steel Authority of India (5.74%), Coromandel International (3.92%), BSE Ltd (3.89%), and KPIT Technologies (3.58%). NTPC Green Energy was the top loser in the Midcap index, declining 2.55%, followed by Vishal Mega Mart (-2.36%), Persistent Systems (-2.35%), Hindustan Petroleum Corporation (-2.20%), and Tata Elxsi (-2.19%). The NIFTY Smallcap index advanced 0.65% to 15,912.90. Top gainers included Data Patterns (6.#eternal #mahindra_mahindra #tata_steel #hdfc_life_insurance_company #bharat_electronics
