New Delhi, Nov. 10 -- Tata Steel's consolidated Ebitda grew 18% year-on-year (y-o-y) to Rs.10,500 crore in the September quarter (Q2FY27), supported by improved realization and higher volumes in the domestic business.

Revenue from the domestic and overseas business increased 11% to Rs.65,450 crore even as sales volume was flat at 7.92 million tonnes. European operations reported strong realization growth, but profit declined as lower volumes hurt operating leverage.

With this, H1FY27 revenue and Ebitda growth stand at 13% and 21%, respectively. The second half of FY27 could be better, with the management expecting volumes to pick up and prices to remain at higher levels.

Domestic realizations in Q3 are expected to be about Rs.3,500 per...