JSW Steel on Friday posted over three-fold growth in consolidated profit after tax to ₹2,410 crore in the December quarter, as the company recorded higher sales numbers accompanied by lower input costs.
It had posted a profit after tax of ₹719 crore in the October-December period of 2024-25, the company said in an exchange filing.
JSW Steel said the "profit after tax for the quarter stood at ₹2,410 crores after recognising deferred tax assets (net) amounting to ₹1,439 crores on the brought forward unabsorbed depreciation in Bhushan Power & Steel Limited (BPSL) as it is probable that carried forward unabsorbed depreciation will be recovered against the likely capital gains on the slump sale of BPSL's steel business undertaking..
1 January 2026
Get the latest issue of Outlook Business
The company's total income rose to ₹46,264 crore in the third quarter from ₹41,525 crore in the same period a year ago.
Consolidated sales were the highest ever at 7.64 million tonnes, up 14% year-on-year (y-o-y) on the back of healthy domestic demand. Domestic sales stood at 6.59 million tonnes, up 10% YoY. Exports at 0.84 million tonnes, increased by 53% YoY, contributing 11% to the sales from the Indian operations for Q3 FY26. Retail sales volumes were up 12%YoY..
JSW Steel said it registered revenue from operations of ₹45,991 crores and adjusted EBITDA of ₹6,620 crore.
The Adjusted EBITDA increased by 22% YoY, driven primarily by higher volumes and lower coking coal and power costs, partly offset by lower realisations.
