JSW Steel Ltd

Securities in F&O Ban: Steel Authority of India and Kaynes Technology India are banned from F&O trading on 15 May 2026. Result Today: Aether Industries, Amber Enterprises India, Alembic Pharmaceuticals, Arvind, Azad Engineering, Bajaj Electricals, Balmer Lawrie & Company, Balrampur Chini Mills, Cochin Shipyard, Cupid, Deepak Nitrite, Devyani International, Fineotex Chemical, Fusion Finance, Gland Pharma, Godfrey Phillips India, Gokul Agro Resources, Greenpanel Industries, Hindustan Copper, Jain Irrigation Systems, Jupiter Life Line Hospitals, Krishna Institute of Medical Sciences, NCC, NHPC, PDS, Power Grid Corporation of India, Premier Energies, Rane Holdings, Ratnamani Metals & Tubes, Steel Authority of India, S H Kelkar and Company, SJVN, Solara Active Pharma Sciences, Solar Industries India, Somany Ceramics, Symphony, Tata Steel, Thangamayil Jewellery, Triveni Engineering & Industries, VIP Industries, VST Tillers Tractors Stocks to Watch: JSW Steel reported a consolidated net profit of Rs 16,370 crore in Q4 FY26, marking a sharp 989.15% increase compared with Rs 1,503 crore in the corresponding quarter last year. Revenue from operations rose 14.19% year-on-year (YoY) to Rs 51,180 crore for the quarter ended 31 March 2026. Dilip Buildcon reported a 63.67% decline in consolidated net profit to Rs 62.05 crore in Q4 FY26, compared with Rs 170.83 crore in Q4 FY25. Revenue from operations also fell 25.71% YoY to Rs 2,299.80 crore in the March 2026 quarter. Indian Railway Finance Corporation (IRFC) posted a standalone net profit of Rs 1,684 crore in Q4 FY26, marginally higher by 0.14% from Rs 1,682 crore in the same quarter last year. Total revenue from operations increased 9.12% YoY to Rs 7,335.75 crore for the quarter ended 31 March 2026. Apollo Tyres reported a 241.76% YoY jump in consolidated net profit to Rs 630.97 crore in Q4 FY26, compared with Rs 184.62 crore in the year-ago period. Revenue from operations grew 14.19% YoY to Rs 7,335.67 crore in the March 2026 quarter. LT Foods reported a 15.5% decline in consolidated net profit to Rs 136 crore in Q4 FY26, compared with Rs 161 crore in Q4 FY25. However, revenue from operations rose 30.4% YoY to Rs 2,907 crore for the quarter ended 31 March 2026. Tata Motors reported a 31.7% decline in consolidated net profit to Rs 5,783 crore in Q4 FY26, against Rs 8,470 crore in Q4 FY25. Revenue increased 7.2% YoY to Rs 1.05 lakh crore in the quarter ended 31 March 2026. Shadowfax Technologies reported a consolidated net profit of Rs 55.8 crore in Q4 FY26, compared with a loss of Rs 9.9 crore in Q4 FY25. Revenue surged 73.6% YoY to Rs 1,237 crore in the March 2026 quarter. Global Health reported a 42.6% rise in consolidated net profit to Rs 144 crore in Q4 FY26, compared with Rs 101 crore in the corresponding quarter last year. Revenue from operations increased 24.4% YoY to Rs 1,159 crore for the quarter ended 31 March 2026.Powered by Capital Market - Live

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

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

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-26 Apr-25* % Change  Indian Operations  20.4 20.56 -1% JSW Steel USA - Ohio  0.78 0.84 -7% Consolidated Production  21.18 21.4 -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%.

The company's Indian operations produced 20.40 lakh tonnes during the month, down 1% from 20.56 lakh tonnes in the corresponding period last year. Its US Ohio unit contributed 0.78 lakh tonnes, marking a 7% YoY decline from 0.84 lakh tonnes. The company said that Blast Furnace 3 (BF3) at Vijayanagar is currently shut down for capacity upgradation, impacting crude steel production at the Indian operations level. However, excluding BF3 production from last year's base, production growth was around 10%, driven by the full ramp-up of JVML operations. Capacity utilisation at Indian operations for the month stood at approximately 94%, excluding BF3 capacity, and 83%, including BF3 capacity. JSW Steel is the flagship business of the diversified, US$23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital. The company's consolidated net profit zoomed 198.32% to Rs 2,139 crore in Q3 FY26, compared with Rs 717 crore in the corresponding period last year. Revenue from operations rose 11.14% year-on-year to Rs 45,991 crore in the quarter ended 31 December 2025. Powered by Capital Market - Live

The board of JSW Steel at its meeting held on 17 April 2026, has approved entering into a Share Subscription and Joint Venture Agreement, with POSCO Co., and POSCO India (together referred to as 'POSCO Group') through which Saffron Resources (Saffron), a wholly owned subsidiary of the Company would become a 50:50 Joint Venture between the Company and POSCO Group. The proposed joint venture would set up a greenfield 6 MTPA integrated steel plant at Odisha. Saffron possesses 887 acres of land in Odisha (~595 acres freehold land; ~292 acres leasehold land), which may be used to set up the proposed plant.

The company's Indian operations produced 29.25 MT, up from 26.98 MT, while its US Ohio unit contributed 0.83 MT. For Q4FY26, consolidated crude steel production stood at 7.43 MT, down 1% from the previous quarter and 3% lower than Q4FY25. Production from Indian operations increased 1% quarter-on-quarter to 7.34 MT but declined 1% year-on-year. Capacity utilization for Indian operations, including the ongoing Vijayanagar blast furnace-3 (BF-3) upgrade, was approximately 87% for the quarter and around 96% excluding BF-3 capacity. JSW Steel's Salem unit underwent an upgrade with a new ladle furnace and vacuum degasser commissioned in February 2026, raising capacity from one MTPA to 1.15 MTPA. The Vijayanagar BF-3 shutdown, effective since September 2025, impacted production and utilization during FY26. The company also incorporated production from JSW Sambalpur Steel, formed via a slump sale of Bhushan Power and Steel Ltd's steel business undertaking on March 27, 2026, as part of a joint venture with JFE Steel, Japan. JSW Steel is the flagship business of the diversified, US$23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defense, sports, and venture capital. The company's consolidated net profit zoomed 198.32% to Rs 2,139 crore in Q3 FY26, compared with Rs 717 crore in the corresponding period last year. Revenue from operations rose 11.14% year-on-year to Rs 45,991 crore in the quarter ended 31 December 2025. Shares of JSW Steel rose 0.49% to Rs 1,215.70 on the BSE.

JSW Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 1207.5, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 23807.15. The Sensex is at 76773.35, down 1.02%. JSW Steel Ltd has dropped around 0.56% in last one month. Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has dropped around 2.82% in last one month and is currently quoting at 12078.95, up 1.03% on the day. The volume in the stock stood at 15.67 lakh shares today, compared to the daily average of 21.84 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 1216.5, up 1.64% on the day. JSW Steel Ltd is up 21.94% in last one year as compared to a 4.29% spurt in NIFTY and a 49.4% spurt in the Nifty Metal index.The PE of the stock is 40.52 based on TTM earnings ending December 25.

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