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Tata Steel infuses ₹2,402 crore into T Steel Holdings, acquires 262 crore sharesShares of Tata Steel Ltd ended at ₹215.50, up by ₹0.85, or 0.40%, on the BSE.By Jomy Jos Pullokaran  February 26, 2026, 10:23:20 PM IST (Published)2 Min ReadHomegrown steel major Tata Steel Ltd on Thursday (February 26) said it has acquired 261.90 crore equity shares of T Steel Holdings Pte. Ltd (TSHP), a wholly owned foreign subsidiary, for $264 million (₹2,401.50 crore).

Each share has a face value of $0.1008. Following this transaction, TSHP will continue as a wholly owned subsidiary of Tata Steel. The company had previously disclosed multiple fund infusions into T Steel Holdings Pte between May 2025 and February 2026.

Third Quarter Results

Tata Steel's consolidated net profit rose sharply to ₹2,730 crore for the quarter ended December 31, compared with ₹295 crore a year earlier. The figure was well above the CNBC-TV18 poll estimate of ₹2,389 crore. Revenue from operations increased over 6% year-on-year to ₹57,002 crore from ₹53,648 crore, reflecting higher deliveries even as realisations remained under pressure.

Also Read: Tata Steel Share Price: Buy calls intact after Q3 but some see limited upside from here

Domestic production volumes rose 11.4% year-on-year, while delivery volumes grew 14%, aided by improved capacity utilisation at the Kalinganagar and Jamshedpur plants and recent capacity additions. At the consolidated level, EBITDA stood at ₹8,199 crore, translating into a margin of 14.4%, compared with 11% in the year-ago period.

EBITDA from India operations rose nearly 5% year-on-year to ₹8,291 crore, with margins at 23%. Automotive volumes grew 20% year-on-year, while the retail vertical maintained momentum. The company said Tata Tiscon continued to expand, and its e-commerce platforms, Aashiyana and DigECA, clocked a gross merchandise value of ₹2,380 crore during the quarter, up 68% year-on-year.

In the Netherlands, revenues stood at €1,354 million and EBITDA at €55 million. Liquid steel production was 1.68 million tonnes, while deliveries were 1.40 million tonnes. In the UK, revenues were £468 million, with an EBITDA loss of £63 million. Deliveries stood at 0.52 million tonnes, impacted by subdued demand and steady imports.

Also Read: Tata Steel Q3 Update | Records best-ever quarterly output at 6.34 million tonnes

Shares of Tata Steel Ltd ended at ₹215.50, up by ₹0.85, or 0.40%, on the BSE.Continue Reading(Edited by : Jomy Jos Pullokaran)Tagsshare market todayTata Steel