JSW Steel revenue and financials

JSWSTEEL · NSE · INR

₹1,230.00Change from previous close: −2.35%Absolute change: −₹29.60

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.

Balance sheet · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total assets2,696,7602,407,4202,281,9802,110,780—
Current assets1,034,350707,360645,340681,500—
Cash and equivalents392,450110,45054,600154,240—
Short-term investments103,94071,84021,85051,010—
Inventory327,650349,560378,150331,350—
Net property, plant and equipment1,389,7401,438,3401,395,7301,252,120—
Goodwill6,5506,4306,3901,280—
Other intangible assets23,77025,38025,42020,850—
Long-term investments45,77036,89017,0907,000—
Current liabilities693,770606,260660,650699,630—
Accounts payable155,760123,090161,260131,550—
Long-term debt755,600819,190673,250619,790—
Total debt1,190,7901,192,2201,056,0901,066,050—
Total liabilities1,642,0101,590,7601,484,2201,440,390—
Total equity (incl. minority)1,054,750816,660797,760670,390—
Retained earnings730,640518,120502,080426,270—
Minority interest54,22021,70021,07013,440—