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Net profit of JSW Steel rose 989.16% to Rs 16370.00 crore in the quarter ended March 2026 as against Rs 1503.00 crore during the previous quarter ended March 2025. Sales rose 12.31% to Rs 49798.00 crore in the quarter ended March 2026 as against Rs 44341.00 crore during the previous quarter ended March 2025.For the full year,net profit rose 536.87% to Rs 22316.00 crore in the year ended March 2026 as against Rs 3504.00 crore during the previous year ended March 2025. Sales rose 9.28% to Rs 182037.00 crore in the year ended March 2026 as against Rs 166575.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales49798.0044341.00 12 182037.00166575.00 9 OPM %17.0013.84 -16.1213.56 - PBDT6637.004271.00 55 21492.0014875.00 44 PBT4489.001774.00 153 11891.005566.00 114 NP16370.001503.00 989 22316.003504.00 537 Powered by Capital Market - Live News

JSW Steel announced that the 32th Annual General Meeting(AGM) of the company will be held on 24 July 2026.

JSW Steel announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 7.1 per equity Share (i.e. 710%) , subject to the approval of the shareholders.

JSW Steel reported consolidated Crude Steel production for the month of April`26 at 21.18 Lakh tonnes. The break-up of production is as below: (Lakh Tonnes)Particulars Apr-26Apr-25*% Change Indian Operations 20.420.56-1%JSW Steel USA - Ohio 0.780.84-7%Consolidated Production 21.1821.4-1%* The steel business undertaking of Bhushan Power and Steel (BPSL), a subsidiary of the Company, was transferred on a slump‑sale basis to JSW-JFE Steel (JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from previous year`s numbers for comparison. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgradation of capacity impacting Crude Steel production at Indian operations level. Production growth, excluding BF3 production from last year`s base, was about 10% driven by full ramp-up of JVML operations. The capacity utilisation for Indian operations for the month excluding BF3 capacity was at ~94% and including BF3 capacity was at 83%.

JSW Steel announced that JFE Steel Corporation (JFE) has invested Rs. 7,875 crore, being the first tranche of JFE`s investment in JSW Kalinga Steel (JSW Kalinga) and 2,26,94,524 equity shares of JSW Kalinga have been allotted to JFE today (i.e. 30 March 2026), resulting in JFE holding 25% shareholding on a fully diluted basis in JSW Kalinga.Consequent to the aforesaid allotment and changes to board composition of JSW Kalinga in terms of the Joint Venture Agreement dated 03 December 2025 (JVA), the Company and JFE have today established joint control over JSW Kalinga and its wholly owned subsidiary - JSW Sambalpur Steel. The acquisition of further 25% stake (on a fully diluted basis) in JSW Kalinga by JFE for Rs. 7,875 crore, would be completed in accordance with the JVA.Powered by Capital Market - Live News