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Tata Steel acquires stakes worth ₹3,100 crore in Singapore subsidiary, T Steel Holdings Pte. LtdIn its Q1 results, the company exhibited a strong performance. In the first quarter of FY26, Tata Steel posted a net profit of ₹2,007 crore, doubling its profit from ₹918.6 crore in the same quarter last year. By Juviraj Anchil  August 27, 2025, 3:47:59 PM IST (Published)2 Min ReadTata Steel has acquired shares worth ₹3,100 crore in its Singapore-incorporated subsidiary T Steel Holdings Pte. Ltd.  In an exchange filing, one of the biggest names in the Indian Steel industry said that it is infusing more funds in T Steel Holdings Pte. Ltd by means of subscription to equity shares.

On August 26, 2025, Tata Steel acquired 353,23,38,309 equity shares of face value $0.1005 each, aggregating to $355 million (or about ₹3,104.03 crore) in T Steel Holdings Pte. Ltd.

Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the company.

This is a crucial juncture for steel companies like Tata Steel, who are preparing for the uncertainties surrounding Trump's tariff.

Tata Steel Q1 Results 

In its Q1 results, the company exhibited a strong performance. In the first quarter of FY26, Tata Steel posted a net profit of ₹2,007 crore, doubling its profit from ₹918.6 crore in the same quarter last year.

Revenue for the quarter stood at ₹53,178 crore, falling 2.9% compared to last year. In the previous year, the company saw revenue numbers of ₹54,771 crore.

In the UK, the revenue number stood at £536 million. Deliveries were 0.60 million tons, slightly lower due to subdued market demand.

In addition to that, Earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped to ₹7,427 crore compared to the estimated ₹7,074 crore .

This marked an 11% increase in EBITDA, compared to last year's ₹6,694 crore.

When we look at the performance of the company shares, in the past 5 trading session, the company shares, amid the larger volatility surrounding Trump's tariff, declined by ₹12.40, or 1.79%. In the past month of trade, the company shares have seen a decline of ₹2.35, or 0.34%, taking the current stock price to ₹680.55 per share.

Read Also: Tata Steel Q1 earnings surpass market estimates

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