Tata Steel Q3 FY26 achieves record production: 6.34 MnT Crude Steel, Best-Ever Quarterly Deliveries

Tata Steel reported stellar provisional production and delivery volumes for Q3 FY26 (ended December 31, 2025), with India operations hitting historic milestones. Tata Steel India achieved its best-ever quarterly crude steel production of 6.34 million tons, up 12% both quarter-on-quarter (QoQ) and year-over-year (YoY).

Record-Breaking India Performance

Tata Steel India's production surged from 5.65 MnT in Q2 FY26 and 5.69 MnT in Q3 FY25, driven by higher output at Jamshedpur and Kalinganagar facilities. For 9M FY26, cumulative production reached 17.23 MnT, up 6% YoY from 16.23 MnT.

Deliveries crossed the 6 MnT mark for the first time ever at 6.04 MnT, up 9% QoQ from 5.55 MnT and 14% YoY from 5.29 MnT. 9M FY26 deliveries totaled 16.34 MnT, a 6% YoY improvement.

Key Vertical Highlights:

Automotive & Special Products: Best-ever 0.9 MnT (up 20% YoY); hi-tensile grades from Kalinganagar and specialty steel from Jamshedpur gained rapid OEM approvals

Branded Products & Retail: Surpassed 2 MnT milestone (up 12% YoY); driven by Tata Tiscon, Tata Astrum, and Tata Steelium

Industrial Products & Projects: 1.9 MnT led by Engineering segment's best-ever 9M volumes (Oil & Gas, Shipbuilding certifications)

Value-Added Growth: Tubes and Tinplate posted double-digit YoY growth; Wires achieved best-ever quarterly volumes. E-commerce platforms Tata Steel Aashiyana and DigECA recorded ₹2,380 Cr GMV, up 68% YoY.

International Operations Update

Tata Steel Netherlands: Liquid steel production steady at 1.68 MnT; deliveries dipped to 1.40 MnT due to seasonal factors and soft market dynamics.

Tata Steel UK: Deliveries at 0.52 MnT via downstream processing; EAF project enabling works progressed with site reshaping underway.

Tata Steel Thailand: Saleable steel production 0.31 MnT; deliveries up 5% YoY to 0.29 MnT, boosted by strong domestic rebar sales.

Strategic Implications

Tata Steel India's record performance underscores operational excellence amid high steel demand from automotive, infrastructure, and branded retail segments. The 9M FY26 trajectory positions the company favorably toward annual capacity utilization targets, while value-added and downstream focus enhances margins.

Tata Steel's Q3 momentum signals robust FY26 execution capability across domestic and premium segments.

Notes: Figures are provisional. India includes Tata Steel standalone + Neelachal Ispat Nigam Ltd (proforma). Production metrics vary by region (crude/liquid/saleable steel).

Source : Equity Bulls

Keywords

TataSteel Q3FY26 RecordProduction BusinessUpdate