{"id":177550,"date":"2026-01-23T10:00:00","date_gmt":"2026-01-23T15:00:00","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177550"},"modified":"2026-01-26T12:36:36","modified_gmt":"2026-01-26T17:36:36","slug":"jsw-steel-hits-record-sales-as-q3-profit-reaches-%e2%82%b92450-cr","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jsw-steel-hits-record-sales-as-q3-profit-reaches-%e2%82%b92450-cr\/","title":{"rendered":"JSW Steel Hits Record Sales as Q3 Profit Reaches \u20b92,450 Cr"},"content":{"rendered":"\n<p>JSW Steel Limited (NSE: JSWSTEEL; BSE: 500228) shares ended 1.24% lower on the National Stock Exchange on Friday following the release of its third quarter financial results. The price action reflected the market response to the company&#8217;s performance for the period ended December 31, 2025<\/p>\n\n\n\n<p>The company&#8217;s market capitalization stood at \u20b92.33 trillion at the close of trading on January 23, 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Latest Quarterly Results<\/h2>\n\n\n\n<p>JSW Steel reported consolidated revenue from operations of \u20b941,337 crores for the quarter ended December 31, 2025, an increase of 4.1% compared to the \u20b939,710 crores reported in the same period last year. Consolidated net profit for the quarter was \u20b92,450 crores, up 1.4% from \u20b92,416 crores in the year-ago period.<\/p>\n\n\n\n<p>Crude steel production for the quarter reached 7.20 million tonnes, while total steel sales volumes were 6.80 million tonnes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"555\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-1024x555.png\" alt=\"\" class=\"wp-image-177565\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-1024x555.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-300x163.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-768x416.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-1536x832.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW-Steel-Highlights-1-2048x1110.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Within the Indian operations, the Vijayanagar unit accounted for a significant portion of total production. JSW Steel Coated Products recorded a turnover of \u20b98,450 crores. Bhushan Power &amp; Steel (BPSL) reported revenue of \u20b95,120 crores. The international operations, including JSW Steel USA (Baytown), reported an EBITDA of $12.4 million, while the Mingo Junction plate and pipe mill recorded an EBITDA of $4.8 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Full-Year Results Context<\/h2>\n\n\n\n<p>For the cumulative nine-month period of the current fiscal year, JSW Steel reported total revenue of \u20b9126,017 crores. Net profit for the same period was \u20b96,340 crores. Financial records indicate a trend of volume growth following domestic capacity expansions, while margins were affected by fluctuations in global coking coal prices and domestic iron ore availability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">CHART \u2014 FINANCIAL TRENDS<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_Quarterly_Operating_Performance.png\" alt=\"\" class=\"wp-image-177553\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_Quarterly_Operating_Performance.png 1000w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_Quarterly_Operating_Performance-300x180.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_Quarterly_Operating_Performance-768x461.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_3M_Stock_Price_Trend.png\" alt=\"\" class=\"wp-image-177554\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_3M_Stock_Price_Trend.png 1000w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_3M_Stock_Price_Trend-300x180.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW_Steel_3M_Stock_Price_Trend-768x461.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Business &amp; Operations Update<\/h2>\n\n\n\n<p>The company confirmed the commissioning of the 5 MTPA expansion at its Vijayanagar plant, increasing the site&#8217;s total capacity to 17 MTPA. Operational restructuring within the subsidiary JSW Steel Coated Products remains centered on value-added products for the appliance and automotive sectors. In the mining segment, JSW Steel operationalized two additional iron ore mines in Odisha during the quarter to increase captive raw material integration.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">M&amp;A or Strategic Moves<\/h2>\n\n\n\n<p>JSW Steel completed the integration of the ThyssenKrupp Electrical Steel India acquisition during the reporting period. The company also announced a joint venture agreement with JFE Steel Corporation of Japan for the production of grain-oriented electrical steel. The Board approved a proposal to evaluate the acquisition of a minority stake in a metallurgical coal asset in Australia to secure long-term raw material supply.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Equity Analyst Commentary<\/h2>\n\n\n\n<p>Institutional research from Emkay Global stated that volume growth was partially offset by domestic steel realizations during the quarter. Analysts from Citigroup noted that company leverage levels remain a factor following recent capital expenditure cycles. Reports from Jefferies indicated that steady domestic demand was tempered by the cost of coking coal imports, which impacted the consolidated EBITDA margin.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Guidance &amp; Outlook<\/h2>\n\n\n\n<p>The company maintains a production guidance of 28.40 million tonnes for the full fiscal year. Management stated that global steel demand is being monitored, specifically export volumes to the Middle East and Europe. Regulatory developments regarding the Carbon Border Adjustment Mechanism (CBAM) and domestic iron ore royalty structures are identified as the primary factors to watch for in the upcoming quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Performance Summary<\/h2>\n\n\n\n<p>JSW Steel shares declined 1.24% today as the company reported a consolidated net profit of \u20b92,450 crores. Revenue increased 4.1% year-over-year, supported by capacity additions at Vijayanagar. While domestic sales volumes increased, international subsidiaries and raw material costs influenced the final results. The company&#8217;s focus remains on the integration of electrical steel assets and raw material security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Steel Limited (NSE: JSWSTEEL; BSE: 500228) shares ended 1.24% lower on the National Stock Exchange on Friday following the release of its third quarter financial results. The price action reflected the market response to the company&#8217;s performance for the period ended December 31, 2025 The company&#8217;s market capitalization stood at \u20b92.33 trillion at the [&hellip;]<\/p>\n","protected":false},"author":2400,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,1941,392,5,12],"tags":[10169,14717,10241,11474,9148],"class_list":["post-177550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-stock-analysis","category-earnings","category-latest","category-other-industries","tag-earnings","tag-jsw-steel","tag-jswsteel","tag-materials","tag-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128393,"url":"https:\/\/alphastreet.com\/india\/infographic-all-you-need-to-know-about-jsw-steels-q3-results\/","url_meta":{"origin":177550,"position":0},"title":"Infographic: All you need to know about JSW Steel&#8217;s Q3 results","author":"Nishad","date":"April 4, 2022","format":false,"excerpt":"JSW Steel Ltd (NSE: JSWSTEEL) reported its third-quarter 2022 earnings results. The company had a consolidated revenue of \u20b938,225 crores with a growth of 74% year on year. JSW Steel reported a net profit of \u20b94,516 crores or \u20b918.02 per share compared to \u20b92,669 crores or \u20b911.09 per share in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/JSW-Steel-LtdQ322.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/JSW-Steel-LtdQ322.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/JSW-Steel-LtdQ322.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/JSW-Steel-LtdQ322.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/04\/JSW-Steel-LtdQ322.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":130257,"url":"https:\/\/alphastreet.com\/india\/infographic-all-you-need-to-know-about-jsw-steels-q4-results\/","url_meta":{"origin":177550,"position":1},"title":"Infographic: All you need to know about JSW Steel\u2019s Q4 results","author":"Nishad","date":"May 31, 2022","format":false,"excerpt":"JSW Steel Ltd\u00a0(NSE: JSWSTEEL)\u00a0reported its fourth-quarter 2022 earnings results. The company had a consolidated revenue of \u20b947,128 crores with a growth of 74% year on year. JSW Steel reported a net profit of 3,343 crores or \u20b913.83 per share compared to \u20b94,191 crores or \u20b917.37 per share in the same\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/JSW-Steel-LtdQ422.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/JSW-Steel-LtdQ422.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/JSW-Steel-LtdQ422.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/JSW-Steel-LtdQ422.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/05\/JSW-Steel-LtdQ422.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135029,"url":"https:\/\/alphastreet.com\/india\/jsw-steel-limited-q2fy23-company-sees-loss-as-expenses-surged-by-79\/","url_meta":{"origin":177550,"position":2},"title":"JSW Steel Limited Q2FY23; Company Sees Loss As Expenses Surged by 79%","author":"Hardik Bhandare","date":"October 21, 2022","format":false,"excerpt":"JSW Steel Limited (NSE: JSWSTEEL) reported its Revenue, which increased 28% up to \u20b941,778 Crores from \u20b932,503 Crores year on year. However, the Net Profit declined to -\u20b9915 Crores from \u20b97,179 Crores year over year. The Crude Steel Production & Saleable Steel Sales were 4.95 MT & 5.74 MT respectively.\u00a0\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/1355cb1d-0453-448e-83a4-fc58239795b4-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":139176,"url":"https:\/\/alphastreet.com\/india\/jsw-steel-limited-q3-fy23-consolidated-pat-down-by-89-year-on-year\/","url_meta":{"origin":177550,"position":3},"title":"JSW Steel Limited Q3 FY23; Consolidated PAT Down BY 89% Year On Year","author":"Hardik Bhandare","date":"January 25, 2023","format":false,"excerpt":"JSW Steel Limited (NSE: JSWSTEEL) reported a Revenue from Operations of \u20b939,134 Crores, a slight boost of 2.8% growth from the previous year. The Consolidated PAT for the business down by 89% year over year, to \u20b9474 Crore from \u20b94,516 Crore with a margin of 1.21%. Earnings per Share is\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/a68f2495-9f49-4555-9fe6-cd2197712ce7-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":131655,"url":"https:\/\/alphastreet.com\/india\/earnings-infographic-highlights-of-jsw-steels-q1-2023-financial-report\/","url_meta":{"origin":177550,"position":4},"title":"Earnings Infographic: Highlights of JSW Steel&#8217;s Q1 2023 financial report","author":"Manoj_Nair","date":"July 25, 2022","format":false,"excerpt":"JSW Steel Ltd\u00a0(NSE: JSWSTEEL)\u00a0has announced financial results for the first quarter of fiscal 2023, reporting a decrease in net profit despite strong revenue growth. Net income dropped sharply to \u20b9839 crores or \u20b93.46 per share in the first three months of fiscal 2023 from \u20b95,900 crores or \u20b924.42 per share\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/JSW-Steel-Q1-2022-earnings-infographic.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171605,"url":"https:\/\/alphastreet.com\/india\/jsw-steel-q2-fy26-earnings-results\/","url_meta":{"origin":177550,"position":5},"title":"JSW Steel Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 17, 2025","format":false,"excerpt":"Company Overview JSW Steel Ltd is a leading Indian steel manufacturer engaged in the production and sale of Iron and Steel products. It is the flagship business of the diversified US$ 23 billion JSW Group, with interests spanning energy, infrastructure, cement, paints, sports, and venture capital. Presenting below its Q2\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"JSWSTEEL Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2400"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177550"}],"version-history":[{"count":4,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177550\/revisions"}],"predecessor-version":[{"id":177566,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177550\/revisions\/177566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}