Tata Steel Limited has informed the Exchange about Transcript

Tata Steel reported consolidated revenue of Rs 53,178 crores and EBITDA of Rs 7,480 crores for 1QFY2026, up 11% QoQ with margin improvement of ~200 bps and per-ton EBITDA up ~Rs 2,400. India standalone delivered EBITDA of Rs 7,263 crores with margins around 24% (close to 10-year average), driven by Rs 2,600/ton net realisation gains and a global cost transformation program that delivered Rs 2,900 crores in savings (India Rs 1,100 cr, Netherlands Rs 1,400 cr, UK Rs 400 cr). The company completed the residual acquisition making NINL a 100% subsidiary and the Board approved expansion of tinplate capacity; the Port Talbot EAF groundbreaking took place on July 14. Management guided that India net realisations will be ~Rs 2,000/ton lower in 2Q vs 1Q, while coking coal costs are expected to be ~$10/ton lower; UK EBITDA loss was halved in 1Q with breakeven targeted by year-end, and net debt stood at Rs 84,835 crores with a stated commitment to deleveraging.