Tata Steel Q4 Results: Net Profit Jumps 117% YoY to ₹1,201 Crore, Dividend of ₹3.60 Declared — Record 

Date Revealed

Introduction: A Stellar Performance from India's Steel Giant

Tata Steel, one of India’s largest and most iconic steel producers, delivered a solid set of numbers for the fourth quarter ended March 31, 2025. In a surprising turn, the company reported a staggering 117% year-on-year (YoY) jump in consolidated net profit, taking it to ₹1,201 crore, compared to ₹553 crore during the same quarter last year.

This turnaround in profitability is complemented by a ₹3.60 per share final dividend declaration, reinforcing Tata Steel's commitment to shareholder value. The company’s performance signals robust operational resilience amid macroeconomic volatility, raw material price fluctuations, and global demand uncertainty.

Key Financial Highlights – Q4 FY25 vs Q4 FY24

Let’s break down the numbers that matter:

Despite marginally lower revenues YoY, the massive surge in EBITDA and net profit reflects improved cost efficiencies, better pricing strategies, and enhanced product mix across geographies.

Dividend Declared: ₹3.60 per Share

In line with its strong quarterly performance and healthy cash flows, Tata Steel’s board of directors declared a final dividend of ₹3.60 per equity share of face value ₹1.

 Record Date & Payment Details:

• Record Date: June 11, 2025

• Dividend Payment Date: On or after July 2, 2025 (subject to shareholder approval)

This announcement positions Tata Steel as a consistent value creator for its shareholders, especially after a volatile fiscal year in the metals and commodities space.

 Operational Highlights – Domestic & International Performance

🇮🇳 India Operations:

• Domestic crude steel production stood at 5.24 million tonnes, up 4.2% QoQ.

• Deliveries in India grew to 5.08 million tonnes, boosted by strong demand in auto, infra, and white goods sectors.

• Tata Steel India maintained an EBITDA per tonne of ₹15,080, one of the highest among global steelmakers.

 Europe Business:

• Tata Steel Europe posted an EBITDA of ₹570 crore, reversing a loss of ₹320 crore in Q4 FY24.

• Operational restructuring in the UK and leaner inventory models helped return the business to profitability.

Debt Reduction and Balance Sheet Strength

Tata Steel has maintained a laser-sharp focus on deleveraging. The company reduced its gross debt by ₹6,500 crore during FY25, taking the net debt to ₹67,600 crore.

Debt Profile Snapshot:

• Gross Debt: ₹73,200 crore

• Net Debt: ₹67,600 crore

• Net Debt/EBITDA: 2.15x (improved from 3.1x YoY)

The company's capital allocation strategy aims to sustain growth while ensuring balance sheet stability. This aligns with Tata Steel’s long-term goal to achieve net debt-free status in the coming years.

 Green Steel Strategy and Sustainability Push

Tata Steel continues to advance its commitment to sustainability and low-carbon steel manufacturing. The company’s sustainability roadmap saw the following developments in Q4:

• Commissioning of India’s first green hydrogen trial at the Jamshedpur plant.

• Emissions intensity reduced by 9% compared to FY24.

• Ongoing investments in carbon capture and energy efficiency.

With the European Union’s CBAM (Carbon Border Adjustment Mechanism) becoming more prominent, Tata Steel’s leadership in decarbonization gives it a long-term competitive edge.

 Stock Market Reaction and Analyst Commentary

Following the Q4 earnings announcement, Tata Steel shares jumped 4.8% intraday, closing at ₹149.20 on NSE. The stock outperformed broader indices, with analysts turning bullish post-results.

"Tata Steel's margin expansion and profit beat were the highlights. The company is clearly benefiting from efficient resource management and demand uptick in India,"
— said Ankit Verma, Metals Analyst, Axis Securities.

"The dividend declaration is icing on the cake for long-term investors. The balance sheet is improving, and we see upside in the stock up to ₹165 in the near term,"
— Meera Shah, Senior Analyst, Kotak Institutional Equities.

 Peer Comparison – Where Tata Steel Stands

In comparison with its major peers, Tata Steel emerged as a strong performer in Q4:

Clearly, Tata Steel leads in both profitability growth and shareholder rewards, setting a benchmark in the steel sector.

 Capital Expenditure and Expansion Plans

Tata Steel plans a capital expenditure of ₹16,000 crore for FY26, with a focus on:

• Completion of Kalinganagar expansion (5 MTPA)

• Digitization of downstream processing units

• Automation and capacity additions in Tata Steel Long Products and Neelachal Ispat Nigam Limited (NINL)

The company is also investing in high-end flat steel production and R&D for advanced automotive steel, indicating its ambition to grow beyond commodity-grade output.

 Tata Steel’s Outlook for FY26 – Optimism Backed by Strategy

The management struck a positive tone for FY26, highlighting:

• Strong demand from infrastructure, construction, and auto sectors.

• Pricing support from stabilizing raw material costs.

• Continued efforts to optimize costs and improve efficiencies.

Management Commentary:

“We’ve entered FY26 with a solid footing. Our India operations are scaling efficiently, and the European turnaround is progressing well. With a stable macro environment and focus on value-added products, we are confident of delivering consistent performance,”
— T. V. Narendran, CEO & MD, Tata Steel.

Tata Steel Shines in Q4, Dividend Cheers Investors

Tata Steel's Q4 performance marks a significant milestone in its recovery journey. With a 117% jump in net profit, a robust balance sheet, and a dividend that rewards investors, the steel major is clearly firing on all cylinders.

As the domestic and global steel cycles show signs of recovery, Tata Steel’s strategic foresight, operational excellence, and sustainability focus make it a compelling stock to watch—and perhaps invest in—for the long term.

 Summary Checklist:

•  Net profit up 117% YoY to ₹1,201 crore

•  ₹3.60 per share dividend declared

•  EBITDA up nearly 26%, margins expanded

•  Record date: June 11, 2025

•  Positive outlook for FY26

•  Stock gains nearly 5% post results