JSW Steel's Q3 FY 2025-26 Quarterly Results
- 24 Jan 2026
Result Summary
- JSW Steel Ltd reported a 1.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.4%.
- Its expenses for the quarter were up by 2.7% QoQ and 9.7% YoY.
- The net profit increased 46.4% QoQ and increased 235.2% YoY.
- The earnings per share (EPS) of JSW Steel Ltd stood at 8.75 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 46264.00 | 45436.00 | 41525.00 | 1.8% | 11.4% |
Total Expenses | 44161.00 | 43004.00 | 40250.00 | 2.7% | 9.7% |
Profit Before Tax | 1574.00 | 2432.00 | 1172.00 | -35.3% | 34.3% |
Tax | -953.00 | 698.00 | 459.00 | -236.5% | -307.6% |
Profit After Tax | 2410.00 | 1646.00 | 719.00 | 46.4% | 235.2% |
Earnings Per Share | 8.75 | 6.64 | 2.93 | 31.8% | 198.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JSW Steel Ltd is a prominent player in the steel manufacturing industry, primarily engaged in the production of a wide range of steel products. The company is known for producing hot rolled, cold rolled, and coated steel products that are critical for various sectors, including automotive, construction, and infrastructure projects. JSW Steel has a substantial presence in both domestic and international markets, often expanding its capacity and product range to cater to growing demand. While specific recent developments are not available in the provided data, JSW Steel is typically involved in strategic investments and partnerships to enhance its market position and operational efficiency.
Revenue
In the third quarter of FY26, JSW Steel Ltd reported a total income of ₹46,264 crores, marking a sequential increase of 1.8% from the previous quarter (Q2FY26) and a year-over-year rise of 11.4% compared to the same period last year (Q3FY25). This growth in revenue indicates the company's ability to maintain its sales momentum amidst varying market conditions. The quarter-over-quarter growth reflects a modest increase, while the year-over-year growth signifies a stronger performance compared to the previous year. The company's ability to achieve these revenue figures is indicative of its operational scale and market demand for its steel products.
Profitability
JSW Steel Ltd's profitability metrics for Q3FY26 reveal significant changes compared to previous periods. The company reported a profit before tax of ₹1,574 crores, which represents a substantial decrease of 35.3% from the previous quarter but an increase of 34.3% compared to Q3FY25. The tax component for the quarter was recorded as a negative figure of ₹953 crores, contrasting with the previous quarter's tax of ₹698 crores and Q3FY25's ₹459 crores. Consequently, the profit after tax for Q3FY26 surged to ₹2,410 crores, a notable 46.4% increase quarter-over-quarter and a 235.2% year-over-year increase. This significant rise in net profits, alongside a dramatic change in tax figures, suggests notable shifts in the company's tax obligations or accounting treatments over the periods analyzed.
Operating Metrics
The earnings per share (EPS) for JSW Steel Ltd in Q3FY26 stood at ₹8.75, reflecting an increase of 31.8% from the previous quarter and a 198.6% rise compared to the same quarter last year. This growth in EPS is consistent with the substantial profit after tax figures reported for the quarter. The increase in EPS indicates an improvement in shareholder value and reflects the company's profitable operations during the quarter. Operating expenses for the quarter totaled ₹44,161 crores, which is a 2.7% increase from the previous quarter and a 9.7% increase year-over-year, aligning with the overall revenue growth trend. These operating metrics underline the company's operational scale and its ability to manage expenses while enhancing profitability.