Tata Steel Shares Rise 1% on Record FY26 Output

Shares of Tata Steel Limited rose 1.04% on 7 April after reporting record production and deliveries for FY26. 

In an exchange filing, the company said its India operations produced 23.48 million tonnes of crude steel in FY26, rising 8% year-on-year. Deliveries reached 22.53 million tonnes and crossed the 20 million tonnes mark for the first time.

March quarter performance remained strong for the India business. Production stood at 6.25 million tonnes, up 15% year-on-year, while deliveries increased 10% compared to last year.

There is no related-party transaction involved in this update, as confirmed by the firm in its filing. Segment growth stayed broad-based, with branded and retail volumes at 7.3 million tonnes and automotive products at around 3.4 million tonnes. Industrial and infrastructure demand supported volumes during the year.

Digital channels gained traction during FY26, with e-commerce revenue rising 161% year-on-year to Rs 9,360 crore. Overseas performance remained uneven, as Netherlands operations improved while UK deliveries declined due to weak market conditions.

The stock closed at Rs 198.13 on NSE on 7 April after recovering from early losses during the session.

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