New Delhi, May 15 -- The second-largest steelmaker in India, Tata Steel, saw its revenue for the 2026 fiscal year beat street expectations, driven by strong volumes and higher steel prices.

Consolidated revenue from operations rose 6% to Rs.2.32 trillion in FY2026, for the steel company, up sharply from Rs.2.18 trillion a year ago. The profit beat the Rs.2.31 trillion projection of 37 analysts polled by Bloomberg.

"FY2026 was characterised by elevated geoeconomic uncertainty, with supply-chain and tariff-led trade disruptions impacting global steel markets. Against this backdrop, our sustained focus on operational discipline and cost transformation continued to deliver performance across our global businesses," said T.V. Narendran, chie...