JSW STEEL Results Analysis-Q1FY26

Operating Revenue for Q1FY26 is Rs. 43,147 Crs., Flat growth YoY, Total Income is Rs. 43,497 Crs., flat growth YoY, EBITDA is Rs. 7,576 Crs., 37.5% growth YoY, EBITDA Margin is 17.56% improved by 473 Basis points YoY, PBT Rs. 3,072 Crs., 122.6% growth YoY, PAT Rs. 2,209 Crs., 154.8% growth YoY. On QoQ basis Op. Revenue is down by 3.7%, Total Income is down by 3.5%, EBITDA is improved by 18.8%, EBITDA Margins are improved by 333 basis points, PBT is up by 77.6% and PAT is up by 47%. Consolidated crude steel production of 7.26mt in Q1 (up 14% YoY), Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% YoY. Bhushan Power Acquisition: JSW Steel has filed a review petition on June 25, 2025 before the Supreme Court.