Results - Announcements
JSW Steel Ltd share price slipped 2.62% to Rs 1187.0. The Company's net profit improved by 14.12% to Rs 5359.0 crore, while revenue from operations increased 15.08% to Rs 53697.0 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.11 lakh crore, rising 1.82%. It has slipped by 3.89% over last one week and edged lower by 4.98% in last one month while the market capitalization of JSW Steel Ltd has softened by 2.36% and 4.32% in the same period respectively.
Profit before tax (PBT) of JSW Steel Ltd stood at Rs 7051.0 crore in Q3 FY26, expanding by 200.81% year-on-year, and advancing by 14.46% quarter-on-quarter. EBITDA came in at Rs 9679 crore, jumping 41.69% YoY and heading higher 11.78% sequentially.
Total expenses increased by 16.07% to Rs 46566.0 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 26917.0 crore, inching up 9.48% YoY, while employee benefits expense was at Rs 1339.0 crore, ticking higher by 2.53% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 9.28% to Rs 1.82 lakh crore, while net profit surged by 630.68% to Rs 25508.0 crore, compared to previous TTM. EBITDA jumped by 2250100% to Rs 28573.0 crore, and PBT jumped 476.13% to Rs 29250.0 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 25152.0 crore in FY26, as against Rs 20899.0 crore in FY25.
JSW Steel Ltd inched up 4.28% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 13.52% during the same period.