The company’s revenue from operations in the same period marginally rose 0.5% YoY to Rs 43,147 crore versus Rs 42,943 crore in the year-ago period.
The company’s profit after tax (PAT) increased 45% on a sequential basis versus Rs 1,503 crore reported in Q4FY25, while the topline fell nearly 4% from Rs 44,819 crore in the January-March quarter of FY25.
The metal major and the Nifty constituent incurred expenses of Rs 40,325 crore in Q1FY26, which was up from Rs 43,032 crore in Q4FY25 and Rs 41,715 crore in Q1FY25.
Consolidated crude steel production for the quarter stood at 7.26 million tonnes, higher by 14% YoY, while the capacity utilisation at the Indian operations was 87% during the Quarter versus 93% in Q4 FY25, impacted by planned maintenance shutdowns.
The steel sales numbers for the quarter under review stood at 6.69 million tonnes, higher by 9% YoY. The institutional as well as retail sales volumes were higher by 12% YoY. Domestic sales stood at 5.96 million tonnes, increased 12% YoY, while exports fell 20% YoY and constituted 7% of sales from the Indian operations for Q1 FY26.The operating EBITDA was reported at Rs 7,576 crores, with an EBITDA margin of 17.6% during the quarter. The EBITDA increased by 37% YoY, driven primarily by higher volumes and lower coking coal costs.The company registered revenue from operations of 31,613 crores, lower by 3% YoY, while the registered operating EBITDA of 5,585 crores for Q1FY26, higher by 31% YoY. The EBITDA margin for the quarter was 17.7%. The Company reporteda Profit after Tax of 2,178 crores for the quarter.
Crude Steel Production for the Quarter was 5.34 million tonnes, higher by 1% on a YoY basis. Steel Sales were 5.26 million tonnes for the Quarter, higher by 3% YoY.
