Business EconomyPosted at: Jan 24 2026 5:47PM


JSW Steel Q3FY26 profit jumps by 198 per cent to Rs 2,139 cr

Mumbai, Jan 24 (UNI) 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.
UNI BA SAS PRP
Please log in to get detailed story.
Tags: #JSW Steel Q3FY26 profit jumps by 198 per cent to Rs 2#139 cr
More News

Malaysia remains affordable tourism destination for Indians: Tourism Malaysia chief

13 Feb 2026 | 6:40 PM

Bengaluru, Feb 13 (UNI) Addressing concerns over currency fluctuations and the recent appreciation of the Malaysian Ringgit, Tourism Malaysia Chairman Manoharan Periasamy on Friday said the country continues to remain an affordable and value-for-money destination for Indian travellers.

see more..

Sensex, Nifty settle lower by over 1 pc amid selling in IT stocks

13 Feb 2026 | 6:07 PM

New Delhi, Feb 13 (UNI) The Indian stock market settled lower by over 1% on Friday amid a highly volatile session.

see more..

Malaysia targets 2 1 million Indian tourists in 2026

13 Feb 2026 | 6:02 PM

Bengaluru, Feb 13 (UNI) Malaysia has set an ambitious target of 2.1 million tourist arrivals from India in 2026, as Tourism Malaysia concluded its Sales Mission 2026 in Bengaluru, reinforcing its engagement with one of South India’s most influential outbound travel markets.

see more..

Sensex tumbles over 800 points, Nifty falls 1pc in weak morning trade

13 Feb 2026 | 12:59 PM

New Delhi, Feb 13 (UNI) Indian equity benchmarks witnessed sharp selling pressure in morning trade on Friday, with the BSE Sensex plunging over 800 points and the NSE Nifty falling more than one per cent amid broad-based weakness across sectors.

see more..

Core inflation falls to 3 4pc under new CPI series: SBI Report

13 Feb 2026 | 12:59 PM

New Delhi, Feb 13 (UNI) Core inflation in India declined sharply to 3.4 per cent under the new Consumer Price Index (CPI) 2024 base series, compared to around 4.15 per cent under the 2012 series, even as headline retail inflation edged up to 2.75 per cent in January 2026, according to the latest report released by the State Bank of India.

see more..