Tata Steel posts 16.2 per cent profit growth in Q2FY27, while revenue rises 11.5 per cent. Noel Tata will also step down as vice chairman on November 11., Companies, Times Now. Tata Steel reported a healthy financial performance for the September quarter of FY27, registering double-digit growth in both consolidated net profit and revenue as stronger volumes in India and improved operations in the Netherlands supported its overall performance.