On April 7, Tata Steel's share price increased by nearly 1% after the company announced its highest-ever annual output and deliveries in India for FY26. The provisional update revealed a crude steel production of 23.48 million tonnes, reflecting an 8% rise from the previous year, primarily driven by the ramp-up at the Kalinganagar plant. In the March quarter, production reached 6.25 million tonnes, marking a 15% year-on-year increase. Deliveries also hit a record 22.53 million tonnes for FY26, with domestic deliveries surpassing 20 million tonnes for the first time, indicating strong demand across various sectors.

Tata Steel's automotive and special products division reported annual volumes of approximately 3.4 million tonnes, while branded products and retail reached about 7.3 million tonnes, supported by key brands like Tata Tiscon and Tata Steelium, which grew by 28% year-on-year. The company's e-commerce channels saw a remarkable 161% increase in gross merchandise value, totaling ₹9,360 crore. However, European operations faced challenges, particularly in the UK, where deliveries fell to 2.2 million tonnes due to weak market conditions. Despite these hurdles, Tata Steel's robust performance in India highlights the strength of domestic demand in FY26.