Tata Steel Q3 FY26 Profit Expected to Rise Sharply on Volume Growth Despite Price Pressures

Tata Steel is expected to report strong Q3 results for FY26, with brokerages forecasting a significant year-on-year profit after tax increase of 200-600%, driven by higher volumes and improved operating leverage despite weaker steel prices and rising input costs. Revenue is projected to grow around 8-10% year on year, while sequential profit may decline due to price softness and higher coal expenses. India operations remain the primary earnings contributor, with European performance expected to moderate amid seasonal challenges and import quota impacts.