Mumbai, Jan 24 (.) JSW Steel has officially announced that it has posted a 198 per cent jump in its consolidated net profit to Rs 2,139 crore in the third quarter of the financial year 2025-26 (Q3FY26), as compared to a profit of Rs 717 crore during the same period last year.
Also, the company’s profit increased 31.8 per cent from Rs 1,623 crore, on a sequential basis, due to high sales volumes.
The Mumbai-headquartered steel company has reported an adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of Rs 6,620 crore, which is an increase of 22 per cent year-on-year (Y-o-Y).
JSW Steel’s revenue from operations for the quarter stood at Rs 45,219 crore, up 10.9 per cent year-on-year (Y-o-Y) from Rs 40,793 crore. Sequentially, revenue increased marginally by 1.5 per cent from Rs 44,560 crore.
The company stated that its crude steel production stood at 7.48 million tonnes (mt), while saleable steel sales hit a record quarterly high of 7.64 mt.
“In the United States, technology-related investments and robust consumer spending provided strong growth momentum in 2025. The impact of tariffs on inflation and growth has been limited; however, there could be risks from a lagged effect. Growth momentum in China decelerated in the second half of 2025 due to continued contraction in the real estate sector, although manufacturing and exports showed positive growth,” the company said in a filing to the Bombay Stock Exchange (BSE).
“India continues to lead global growth among major economies. Domestic sales stood at 6.59 mt, reflecting an increase of 10 per cent Y-o-Y. Exports at 0.84 mt, increased by 53 per cent Y-o-Y, contributing 11 per cent to the sales from the Indian operations for Q3 FY26. Retail sales volumes were up 12 per cent Y-o-Y,” according to the company statement.
. BA SAS PRP