Tata Steel Q4 Profit Expected to Rise 57.7% Year-Over-Year to Rs 2,664.2 Crore: ICICI Securities

ICICI Securities Forecasts Strong Q4 Earnings for Tata Steel in Metal & Mining Sector

ICICI Securities has released its fourth quarter (January-March 2026) earnings estimates for the Metal & Mining sector, with a particular focus on Tata Steel. The brokerage house is predicting a significant improvement in the company's financial performance.

According to ICICI Securities, Tata Steel is expected to report a net profit of Rs. 2,664.2 crore, marking a year-on-year increase of 57.7%. This represents a quarterly decline of 5.8% compared to the previous quarter. The estimated growth is a testament to the company's efforts to expand its operations and improve efficiency.

In terms of revenue, ICICI Securities forecasts a 12.6% year-on-year increase in net sales to Rs. 64,156.7 crore. This represents a quarterly growth of 14.1% compared to the previous quarter. The surge in revenue is expected to drive the company's profitability.

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The brokerage house also expects earnings before interest, tax, depreciation, and amortisation (EBITDA) to rise by 14.1% year-on-year to Rs. 9,354.7 crore. This represents a quarterly increase of 42.6% compared to the previous quarter. The significant growth in EBITDA is expected to contribute to the company's improved profitability.