JSW Steel Q1 Result: Sajjan Jindal-Led Indian Steel Producer’s Net Profit Jumps 158% YoY To Rs 2,184 Crore

JSW Steel Q1 Result: JSW Steel on Friday reported a 158% annual increase in its net consolidated profit (attributable to shareholders of the company) to Rs 2,184 crore in the June quarter of the financial yearr 2025-26. The Sajjan Jindal-led JSW Group's subsidiary, however, saw a nominal increase in its total revenue from operations.

JSW Steel Limited shares ended 0.22% higher at Rs 1035.7 per share on BSE on Friday. The stock had touched an intraday high mark of Rs 1046.7 per share.

JSW Steel Q1 Result Highlight

The multinational steel producer's net consolidated profit increased to Rs 2,184 crore in the June quarter from Rs 845 crore reported during the year-ago period. Whereas, its total consolidated revenue for the quarter stood at Rs 43,147 crore against Rs 42,943 crore reported in the June quarter of the previous financial year.

JSWS Steel's earnings per share stood at Rs 8.95, according to the company's June quarterly report released on Friday. Its debt-to-equity ratio increased marginally to 1.15 against 1.06 reported in the year-ago period.

Its crude steel production stood at 7.26 million tonnes during the quarter under review. Whereas, its operating EBITDA stood at Rs 7,576 crores

"The Company's Net Gearing (Net Debt to Equity) stood at 0.95x at the end of the Quarter, as against 0.94x at the end of Q4 FY25, and Net Debt to EBITDA stood at 3.20x, as against 3.34x at the end of Q4 FY25. Net Debt as of 30th June 2025 stood at ₹79,850 crores, higher by 3,287 crores vs. 31st March 2025, higher mainly due to investment in working capital," stated the company in its press release.

Steel Production In June Quarter

There was a 15% annual increase in the company's steel production at the Indian operations to 7.02 million tonnes against the same quarter in the previous financial year. Steel sales for the June quarter were 6.43 million tonnes, higher by 9% YoY.

JSW Steel's Bhushan Power & Steel Limited unit produced around 0.88 million tonnes of steel, and sales volume stood at 0.78 million tonnes. Revenue from operations and operating EBITDA for the quarter stood at 4,998 crores and ₹760 crores, respectively.

The company's JSW Vijayanagar Metallics Ltd unit reported 0.75 million tonnes of crude steel production and its revenue from operations and operating EBITDA for the quarter stood at 4,935 crores and ₹627 crores, respectively.

Company Business Outlook

Despite United States tariff disruptions and geopolitical developments, the global economy has remained resilient. The company has hinted at improvement of growth outlook as "recent extension of the cap on country tariffs by the U.S. to 1st August has provided time for trade negotiations."

"In the U.S., growth remains strong with inflation under control. But tariff uncertainty and labour markets easing only gradually have kept the Fed watchful on rate cuts. Weak consumer sentiment is a drag on the growth outlook," stated the company in its press release. Additionally, JSW Steel has also hinted at long-term positive outlook for correcting imbalances in the market in China.