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While large scale changes in tax rates are unlikely, the markets will look at some smart tweaking of tax rates

Revenue from operations for the quarter slipped 2.7% year on year to ₹34,075.8 crore, down from ₹35,031.2 crore recorded in the year ago period

Earnings before interest, tax, depreciation and amortisation rose 18% year on year to ₹292.5 crore, up from ₹247.7 crore reported in Q3 of the previous financial year.

Indian investors not only want a better investing environment, but also more investment options to choose from

Capital expenditure during the quarter amounted to ₹2,076 crore, primarily directed towards ongoing expansion projects at the Angul facility.

Revenue from operations for the quarter rose 21.2% year on year to ₹15,378.24 crore, compared with ₹12,688.96 crore in Q3 FY25.

Earnings before interest, tax, depreciation, and amortisation more than doubled to ₹208.5 crore in Q3 FY26 from ₹103 crore reported a year earlier.

The company posted a net profit of ₹323.8 crore for the quarter ended December 2025

On a sequential basis, revenue grew 10.2% from ₹4,292.34 crore, reflecting higher realisations and better volumes during the quarter.

The fall in fiscal deficit in December 2025 was more due to front-loading of advance tax receipts