JSW Steel revenue and financials

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₹1,227.10Change from previous close: −2.53%Absolute change: −₹31.90

Close · October 7, 2026

In the fiscal year ended March 2026, JSW Steel reported revenue of ₹1.82T (+9.28% year over year). Net income was ₹223.16B, a net margin of 12.3%.

Annual revenue · 2026: ₹1.82T
  1. ₹1.64T2023
  2. ₹1.73T2024
  3. ₹1.67T2025
  4. ₹1.82T2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+9.28%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+536.87%
FY to Mar 2026 vs FY to Mar 2025
Net margin
12.3%
FY to Mar 2025: 2.1%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Total revenue466,620497,980452,190424,600443,410
Cost of revenue259,500285,530272,660229,970258,970
Gross profit207,120212,450179,530194,630184,440
Operating income72,46064,86041,34050,39038,810
EBIT78,720245,45037,61052,89038,240
EBITDA100,090266,93061,23078,26063,210
Interest expense17,12021,68023,04022,17020,940
Pre-tax income61,600223,77014,57030,72017,300
Income tax14,64031,340-9,5308,6302,290
Net income46,510163,70021,39021,84015,030
Net income to common shareholders46,510163,70021,39021,84015,030
Basic EPS19.0567.078.768.956.15
Diluted EPS19.0266.948.758.936.14
Average shares (basic)2,4412,4412,4422,4402,444
Average shares (diluted)2,4452,4452,4452,4462,448