Tata Steel has reported that its net profit in the June quarter was up 19 per cent at ₹2,385 crore compared with ₹2,007 crore logged in the same period last year, on higher realisation.Revenue increased 14 per cent to ₹60,794 crore (₹53,178 crore). Sales volume was up 2 per cent at 7.27 million tonne (7.12 mt).EBITDA was up 25 per cent at ₹9,370 crore (₹7,480 crore), while EBITDA per tonne jumped 23 per cent to ₹12,898 (₹10,503).The board has approved investment of ₹33,873 crore to expand the long steel making capacity by 4.8 mtpa at Neelachal Ispat Nigam in Odisha. The move will enable Tata Steel to further expand the long products portfolio, especially in the retail space where its branded products are in high demand.The company has spent ₹3,579 crore on capital expenditure in the quarter. The 0.75-mtpa electric arc furnace plant at Ludhiana is ramping up and construction is in progress for the 0.7-mtpa Hot Rolled Pickling and Galvanising Line, along with Phase 1 expansion of Tinplate from 0.4 mtpa to 0.7 mtpa.Gross debt increased to ₹97,985 crore. The group’s liquidity remains strong at ₹45,950 crore, which includes cash & cash equivalents of ₹13,221 crore.On a standalone basis, the company’s revenue was at ₹36,989 crore (₹31,137 crore) and EBITDA was ₹9,409 crore (₹7,263 crore). EBITDA per tonne improved to ₹18,198 (₹15,289).The local environment authority has permitted Tata Steel Netherlands to carry out trial runs, which are ongoing, ahead of the restart of full operations.West Asia crisisTV Narendran, Chief Executive Officer & Managing Director, said global operating environment remained complex, with the impact of developments in West Asia on supply chains and input costs being more pronounced in the quarter.The company’s overseas operations also had to navigate operational disruptions, he said.The e-commerce platforms, Aashiyana and DigECA, generated Gross Merchandise Value of about ₹2,200 crore, up 61 per cent. “We also strengthened our presence in emerging segments such as shipbuilding, data centres and containers,” he added.Koushik Chatterjee, Executive Director & CFO, said the UK operations narrowed its EBITDA loss from £48 million in Q4 to £27 million in Q1, reflecting the impact of targeted improvement initiatives and better pricing supported by trade measures.Working capital was impacted by inventory build due to operational and supply chain disruptions, and an increase in prices, he said.Published on July 30, 2026