Tata Steel posts record India output in FY26, Q4 volumes stay strong

Tata Steel reported its highest-ever annual production and deliveries in India for FY26, supported by capacity ramp-up and steady domestic demand, even as its European operations remained mixed. According to its provisional update, Tata Steel India produced 23.48 million tonnes of crude steel in FY26, marking an 8% year-on-year increase. The growth was driven largely by the ramp-up at its Kalinganagar facility, although partially offset by a blast furnace relining shutdown at Jamshedpur.

For the March quarter, India production stood at 6.25 million tonnes, up 15% YoY. Deliveries also remained strong, with FY2026 volumes reaching a record 22.53 million tonnes. In the fourth quarter alone, deliveries rose 10% year-on-year, making it the company’s best-ever quarterly performance.

Domestic deliveries crossed 20 million tonnes for the first time, reflecting robust demand across segments and sustained customer traction, the company said.

Across segments, Tata Steel saw broad-based growth. The automotive and special products division recorded annual volumes of about 3.4 million tonnes, with quarterly volumes nearing 1 million tonnes. Branded products and retail volumes reached around 7.3 million tonnes, supported by strong performance of key brands such as Tata Tiscon and Tata Steelium, with the latter growing 28% year-on-year.

Industrial products and projects volumes stood at about 7.2 million tonnes, driven by demand in engineering and infrastructure segments, including defence and shipbuilding. The company also reported double-digit growth across downstream businesses such as tubes, tinplate and colours, while its wires segment surpassed previous highs.

The company’s digital platforms also saw traction, with gross merchandise value from e-commerce channels rising 161% YoY to Rs 9,360 crore.

In Europe, Tata Steel Netherlands reported production of around 6.7 million tonnes for the year, with deliveries at about 6.1 million tonnes. Fourth-quarter deliveries rose 21% sequentially to 1.7 million tonnes.However, the UK business remained under pressure, with annual deliveries declining to 2.2 million tonnes due to subdued market conditions. The company said work is ongoing to set up a 3 million tonnes per annum electric arc furnace at Port Talbot.

Tata Steel Thailand reported stable performance, with production at 1.33 million tonnes and deliveries at 1.32 million tonnes for FY2026, supported by strong domestic rebar demand.

Overall, the company’s India operations continued to anchor growth, offsetting challenges in overseas markets and highlighting the strength of domestic demand in FY26.