JSW Steel Q1 Results: JSW Steel, said its consolidated net profit for the first quarter of the ongoing financial year 2025-26 (Q1 FY26) stood at INR 21.84 billion (USD 253.53 million), a growth of 158% year-on-year compared to INR 8.45 billion in the year-ago quarter.
The revenue from operations of INR 431.47 billion was slightly higher compared to 429.43 billion in the year-ago quarter.
The operating EBITDA for the quarter reported by the company stood at INR 75.76 billion, with a 17.6% margin. The reported EBITDA increased by 37% year-on-year, which the company attributed to the rising volumes and lower coking coal costs.
JSW Steel Q1 Volume Performance
The consolidated steel sales for the quarter stood at 6.69 million tonnes, higher by 9% year-on-year compared to 6.12 million tonnes in the same quarter last year. The institutional as well as retail sales volumes were higher by 12% YoY, highlighted the company.
Domestic steel sales volume at 5.96 million tonnes increased 12% year-on-year. Exports, however, fell 20% year-on-year and constituted 7% of sales from the Indian operations for Q1 FY26, hurt by weak international demand amid tariff uncertainties.
Consolidated crude steel production for the quarter stood at 7.26 million tonnes, higher by 14% year-on-year compared to 6.35 MT.
Capacity utilisation at the Indian operations was 87% during the quarter compared to 93% in the previous quarter of Q4 FY25, impacted by planned maintenance shutdowns.
