Archive · 24 Jan 2026
JSW Steel Q3FY26: 235% Profit Surge
JSW Steel, a big steel company in India, made a lot of money in the third quarter of the financial year 2026.
They earned ₹2,410 crore, which is more than three times what they earned last year.
This big increase was because they sold a part of another company called Bhushan Power & Steel Ltd.
Their total sales also went up by 11% to ₹45,991 crore.
The company also made a deal with a Japanese company called JFE Steel, which could help them reduce their debts by ₹37,000 crore.
Additionally, JSW Energy, another part of the company, also made more money, with their profit rising by 150% to ₹420 crore.
JSW Steel reported a 235% YoY increase in consolidated profit to ₹2,410 crore in Q3FY26.
Revenue from operations increased by 11.1% YoY to ₹45,991 crore.
The profit surge was driven by a one-time gain from deferred tax credit linked to the stake sale in subsidiary Bhushan Power & Steel Ltd.
JSW Steel recognized deferred tax assets of ₹1,439 crore based on the reassessment of unrecognized deferred tax assets.
JSW Energy, a subsidiary, reported a 150% rise in consolidated net profit to ₹420 crore in the same quarter.
- Who
- JSW Steel
- What
- Reported a 235% YoY increase in consolidated profit for Q3FY26
- When
- Q3FY26 (December quarter)
- Where
- India (with operations and investments in Mumbai, Odisha, Punjab, and Bhushan Power & Steel Limited)
- Why
- Due to a one-time gain from deferred tax credit linked to the stake sale in subsidiary Bhushan Power & Steel Ltd.
- Consolidated Profit
- ₹2,410 crore
- Revenue
- ₹45,991 crore
- Deferred Tax Assets
- ₹1,439 crore
- Pre-tax Profit
- ₹1,457 crore
- Stake Sale in BPSL
- ₹15,000 crore
- Expected Deleveraging
- ₹37,000 crore
- JSW Energy Profit
- ₹420 crore
- JSW Energy Revenue
- ₹4,255 crore
Sources
JSW Steel Q3FY26: Profit surges 235% on record sales; Rs 1,439 cr BPSL deferred tax asset lifts earnings
JSW Steel Q3 net profit triples to ₹2,410 crore on higher sales volume, lower costs
JSW Steel Q3 net profit triples to ₹2,410 crore on higher sales volume, lower costs
JSW Energy Q3 Results: Net profit more than doubles on higher power generation, margins rise sharply
JSW Steel Q3 profit soars 198%; beats estimates
JSW Energy net rises 2.5 fold: Net profit jumps 150% to Rs 420 crore
BPCL Q3 net profit jumps 62% to Rs 7,545 crore on higher refining margins
JSW Steel profit jumps 235% in Q3 on Bhushan Power stake sale, revenue up 11%
