Tata Steel reported Q1 FY2027 consolidated EBITDA of Rs 9,370 crores, up 25% year-on-year. India operations delivered Rs 9,908 crores EBITDA with per-ton earnings of Rs 19,162. The Board approved a Rs 33,873 crore NINL expansion adding 4.8 million metric tons capacity. Domestic deliveries grew 11% to 4.85 million tons. Branded products and e-commerce platforms showed strong growth. Net debt to EBITDA stood at 2.3x.