Tata Steel expects improved margins from higher prices and savings

Tata Steel anticipates better margins in the current fiscal year on the back of rising steel prices, domestic volume growth and continued cost savings. The company also projects a significant increase in Indian realisations, supported in part by renewed automotive contracts. Rising raw material costs and European operational challenges could however limit the gains.

Tata Steel is counting on higher steel prices and ongoing cost reductions to strengthen margins this fiscal year. Domestic volume growth is expected to provide additional support to overall performance amid these efforts.

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Tata Steel posted a consolidated net profit of Rs 2,965 crore for the March-ended quarter. This figure represents a 147 percent increase from Rs 1,201 crore a year earlier. Revenue rose 13 percent over the same period.

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Steel Authority of India posted a sharp increase in net profit for the fourth quarter of fiscal 2026. Consolidated profit after tax climbed 47% year on year to 1,835 crore rupees. Revenue grew 5% over the same period.

Sun Pharmaceutical Industries posted robust revenue and profit increases for the March quarter. The company noted pressure on EBITDA margins due to higher investments and reduced milestone income. Outlook for the next fiscal year points to steady but moderated expansion.

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South Korea announced plans on July 1 to generate additional domestic steel demand after the European Union tightened import safeguards. Industry Minister Kim Jung-kwan led talks with local steelmakers in Seoul.

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