Multibagger Tata group stock and steel major Tata Steel is slated to announce its financial results for the second quarter of the financial year 2025-26 (FY26) next week.
In an exchange filing today, November 3, Tata Steel said its board will meet next week on November 12 to consider the standalone and consolidated results for the July-September quarter.
“A meeting of the Board of Directors of Tata Steel Limited (‘Company’) will be held on Wednesday, November 12, 2025, inter alia, to consider and take on record the audited Standalone and unaudited Consolidated financial results of the Company for the quarter and half-year ended September 30, 2025,” Tata group company said in a filing today.
For the first quarter of the fiscal 2025-26, Tata Steel recorded a 118% year-on-year jump in net profits to ₹2,007 crore, compared to ₹918 crore in the same period the previous fiscal year, according to the company’s consolidated financial statements.
The company’s revenue from operations dropped 2.9% year-on-year to ₹53,178 crore in Q1 FY26 compared to ₹54,771 crore in the same period a year ago, as per the official filing.
Tata Steel Q2 Preview
For the second quarter, Kotak Institutional Equities (KIE) expects a 716% year-on-year jump in adjusted profit to ₹3,002 crore, compared with ₹367.9 crore in the same period a year ago.
Meanwhile, sales could remain flattish, recording a 1.6% year-on-year growth to ₹54,783.2 crore.
“We estimate Europe to report EBITDA of US$6/ton (-29% QoQ) as improvement in Netherlands EBITDA of US$63/ton (+US$48/ton in 1QFY26) is offset by continuing UK losses at US$151/ton ((-)US$91/ton in 1QFY26),” said the brokerage.
Meanwhile, Axis Securities pegs Q2 revenue at ₹2848 crore, a growth of 249% YoY. It sees a slight increase of 3.6% in revenue to ₹55,822 crore, led by higher steel sales volumes and partially offset by lower HRC prices.
EBITDA to improve YoY/QoQ to ₹8,488 crore, led by lower coking coal consumption cost at both Europe and India, partially offset by lower steel price realisation at India, said the brokerage.
Tata Steel Share Price Performance
Tata Steel shares traded on a volatile note in Monday’s session, gyrating between gains and losses amid choppy stock market trade.
The Tata group stock has delivered decent gains to investors in the near term, with a 5.80% rise in a month, 20% in three months and 30% in six months. For the year so far, it has risen 34%.
Meanwhile, on a longer time frame, Tata Steel has emerged as a multibagger stock, with a massive 350% rise in five years and a 724% surge in 10 years.
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