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Tata Steel plans a ₹15,000 crore capital expenditure for FY26, with 80% (₹11,000 crore) allocated to India, focusing on expanding the Kalinganagar plant and building an electric arc furnace in Ludhiana.
The UK will receive ₹2,190 crore, focusing on transitioning the Port Talbot facility to a low-emission electric arc furnace. In the Netherlands, the company is optimizing production at the IJmuiden plant while engaging in decarbonisation talks. Tata Steel's consolidated net profit for the March quarter more than doubled to ₹1,200.88 crore, despite a 3.7% decline in total income to ₹756,679.11 crore. The company is addressing workers' concerns related to its transition plans.
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