Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Revenue from operations increased 11.5% YoY to Rs 65,436 crore from Rs 58,689 crore. Sequentially, revenue rose 7.6% from Rs 60,794 crore.
EBITDA increased 17.1% YoY to Rs 10,665 crore from Rs 9,106 crore. Sequentially, EBITDA rose 13.8% from Rs 9,370 crore. EBITDA margin improved to 16.3% from 15.5% a year ago and 15.4% in Q1 FY27. EBITDA per tonne increased to Rs 13,462 from Rs 11,518 a year ago and Rs 12,898 in the previous quarter.
Profit before tax before exceptional items increased 10.0% YoY to Rs 5,106 crore from Rs 4,643 crore. Sequentially, it rose 22.1% from Rs 4,183 crore. The company reported an exceptional gain of Rs 349 crore during the quarter, compared with an exceptional loss of Rs 420 crore a year ago and an exceptional loss of Rs 345 crore in Q1 FY27.
Total production increased to 8.07 million tonnes from 7.73 million tonnes a year ago, while deliveries remained largely unchanged at 7.92 million tonnes against 7.91 million tonnes. Sequentially, production rose 4.9% and deliveries increased 8.9%.
In India, revenue stood at Rs 42,653 crore, while EBITDA reached Rs 10,634 crore, translating into a margin of 25%. Crude steel production increased 7% QoQ to 6.18 million tonnes, while deliveries rose 16% to 5.98 million tonnes.
In the Netherlands, revenue stood at EUR 1,395 million and EBITDA was EUR 72 million, supported by the restart of the Direct Sheet Plant in early August. Liquid steel production stood at 1.52 million tonnes and deliveries at 1.30 million tonnes.
In the UK, revenue stood at GBP 411 million, while EBITDA loss amounted to GBP 56 million. Deliveries stood at 0.38 million tonnes.
Net debt stood at Rs 91,423 crore, with the net debt-to-EBITDA ratio at 2.4 times. Group liquidity stood at Rs 40,076 crore, including cash and cash equivalents of approximately Rs 10,300 crore.
Chief executive officer and managing director T V Narendran said the company delivered strong growth in deliveries and earnings, supported by higher volumes in India and improved operations in the Netherlands. He highlighted record second-quarter volumes in the Automotive and Special Products vertical, along with progress on capacity expansion and downstream projects.
Executive director and chief financial officer Koushik Chatterjee said higher volumes in India and operational normalisation in the Netherlands helped offset elevated input costs. He added that the company remained focused on cost optimisation, operational improvements and working capital management.
Tata Steel is progressing with its 4.8 MTPA capacity expansion at Neelachal Ispat Nigam and downstream projects, including a 0.7 MTPA Hot Rolled Pickling and Galvanising Line and a 300 kt Tinplate expansion.
Tata Steel is among the world's leading steel producers, with an annual crude steel capacity of 36 million tonnes and operations across five continents. The group employs over 77,000 people and reported consolidated turnover of around US$26 billion in FY26. Its operations span the steel value chain, with a focus on digital transformation, operational efficiency and sustainability. The company has set a target of achieving net-zero emissions by 2045.
Shares of Tata Steel were down 1.31% at Rs 187.70 on the NSE.
Post this conversion, the Company's equity stake in CPDPL has increased by 6.5% from 51% to 57.5% and CPDPL continues to remain a subsidiary of the Company
Tata Steel Ltd dropped for a fifth straight session today. The stock is quoting at Rs 165.19, down 4.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.24% on the day, quoting at 22406.15. The Sensex is at 72534.84, down 0.98%.Tata Steel Ltd has lost around 12.14% in last one month.Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has eased around 12.7% in last one month and is currently quoting at 11798.35, down 3.5% on the day. The volume in the stock stood at 185.05 lakh shares today, compared to the daily average of 228.09 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 165.69, down 3.42% on the day. Tata Steel Ltd tumbled 5.3% in last one year as compared to a 13.14% slide in NIFTY and a 10.03% spurt in the Nifty Metal index.
The PE of the stock is 12.01 based on TTM earnings ending June 26.
Tata Steel: India crude steel production rose 10% YoY and 8% QoQ to 6.21 million tonnes in Q2 FY27, driven by higher output at the Jamshedpur and Kalinganagar facilities. India deliveries increased 7% YoY and 15% QoQ to 5.97 million tonnes, supported by a richer product mix and stable demand across market segments despite the seasonal rains.
Jubilant Foodworks: Consolidated revenue from operations increased 11.9% YoY to Rs 2,608.7 crore in Q2 FY27. Domino’s India reported like-for-like (LFL) growth of 4.1% during the quarter.
Fino Payments Bank: Total deposits increased 13% YoY to Rs 2,794 crore as of 30 September 2026. Loan disbursals surged 223% YoY to Rs 278 crore in Q2 FY27 from Rs 86 crore in the corresponding quarter last year.
Gujarat Pipavav Port: The port handled 192,000 twenty-foot equivalent units (TEUs) of containers in Q2 FY27, compared with 168,000 TEUs in Q2 FY26. The number of containers handled on trains increased to 452 from 346 during the same period.
Sun Pharmaceutical Industries: The company’s board will meet on 12 October 2026 to consider and approve the issuance of listed, rated, unsecured, redeemable non-convertible debentures (NCDs), in one or more tranches, on a private placement basis, for an aggregate amount of up to Rs 15,000 crore.
Senco Gold: Total revenue growth stood at 31% YoY in Q2 FY27, while same-store sales growth (SSSG) was 19%. The jewellery retailer opened six new showrooms during the quarter.
Varun Beverages: The board approved an investment of up to 26% of the equity share capital of Jager Renewables, a special purpose vehicle engaged in generating and supplying solar power to consumers in Uttar Pradesh. The investment, amounting to up to Rs 4.10 crore, is aimed at securing solar power for captive consumption.
Tata Steel announced its Q2 and 1HF FY 2027 production and delivery performance (provisional) as detailed below:
In 2QFY27, Tata Steel India crude steel production was 6.21 million tons. Crude steel production was up 8% QoQ and 10% YoY, primarily driven by higher output at Jamshedpur and Kalinganagar facilities. On half year basis, production rose 10% YoY to 11.97 million tons.
Tata Steel India deliveries for the quarter stood at 5.97 million tons. Deliveries were up 15% QoQ and 7% YoY, supported by enriched product mix and stable demand across market segments despite the seasonal rains. On half year basis, deliveries rose 8% YoY to 11.14 million tons.
Key highlights of domestic deliveries for the quarter:
‘Automotive & Special Products' vertical achieved ‘best-ever 2Q' volumes of ~1.1 million tons. Volumes grew 9% QoQ and 19% YoY, driven by the ramp-up of Continuous Annealing and Galvanising lines at Kalinganagar and Combi mill at Jamshedpur.
‘Branded Products & Retail' vertical achieved ‘best-ever quarterly' volumes of ~2.2 million tons, supported by strong performance of well-established brands and continued market penetration. Tata Tiscon achieved ‘best ever quarterly' volumes and grew 7% QoQ while Tata Kosh, our galvanised brand, grew 25% QoQ.
‘Construction & Solutions' vertical achieved volumes of ~0.6 million tons, with ready-to-use solutions registering growth of 32% YoY. ‘Engineering and Packaging' vertical achieved volumes of ~0.4 million tons, up 12% QoQ driven by higher sales to Oil & Gas.
Downstream sales including Cold rolled, Galvanised, Tubes, Tinplate, Wires and Colors continued to grow. Colors achieved ‘best-ever quarterly' volumes, up 34% QoQ.
Gross Merchandise Value from our e-commerce platforms, Tata Steel Aashiyana and DigECA, was Rs 2,860 crores for the quarter, up 30% QoQ.
Tata Steel Netherlands liquid steel production in 2QFY27 was ~1.52 million tons and deliveries were ~1.30 million tons. The Direct Sheet Plant restarted in Aug'26 and is operating at rated capacity under the agreed framework with local regulatory authorities. On half year basis, production was 3.07 mn tons and deliveries were 2.70 mn tons.
Tata Steel UK is serving its customers via downstream processing of purchased substrate. Deliveries for the quarter were 0.38 million tons, impacted by inventory buildup in the UK supply chain ahead of the implementation of new safeguard measures on 01st July 2026. Separately, we have fully ramped up production at Llanwern pickle line.
Tata Steel Thailand saleable steel production was 0.32 million tons and deliveries stood at 0.31 million tons for the quarter. Deliveries were marginally lower QoQ, primarily due to heavy rains in the month of September 2026.