Tata Steel India Achieves Record Q3 Output & Deliveries; Shares Dip

• Tata Steel India recorded its best-ever quarterly crude steel production at 6.34 MT in Q3 FY2026, up 12% YoY and QoQ.
• Quarterly deliveries also hit a record 6.04 MT, crossing the six-million tonne mark for the first time, driven by strong domestic sales.
• Automotive & special products vertical saw 20% YoY growth, while branded products & retail crossed 2 MT for the first time.
• European operations (Netherlands, UK) reported lower deliveries due to seasonal factors and subdued market conditions.
• Tata Steel Thailand's deliveries improved 5% YoY, supported by strong domestic rebar demand.

Why It Matters: Tata Steel India sets new production and delivery records in Q3 FY2026, despite mixed global performance.