Production fell 2% YoY while rising marginally by 0.1%.
The reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 8,634 crore, rising 33% QoQ and 35% YoY while adjusted EBIDTA at Rs 9,713 crores.
The EBITDA margin on adjusted basis stood at 19% in Q4FY26 versus 14.4% in Q3FY26 and 14.5% in Q4FY25.
Iran-US war impact
Global economic growth remained resilient before the outbreak of the Middle East conflict, supported by stronger-than-expected growth in China during CY25 and in India in FY26. Increased investments in technology and the easing of initially proposed US tariffs also aided the growth momentum.
However, the conflict has triggered a rise in commodity prices, particularly in the energy segment. Despite these pressures, purchasing managers’ surveys suggest that global manufacturing activity has largely remained stable so far, aided by advance buying ahead of anticipated supply chain disruptions and rising costs. China posted a strong 5% growth in Q1CY26, driven by robust exports and improved fixed asset investments, supported by policy stimulus measures.
Metal major JSW Steel on Thursday reported 131% surge in its consolidated net profit to Rs 3,475 crore for the March quarter compared to Rs 1,503 crore in the year-ago period.
The profit after tax (PAT) is normalized and does not include exceptional gains from the slump sale of BPSL.
The company's revenue from operations grew 14% year-on-year (YoY) in Q4FY26 to Rs 51,180 crore versus Rs 44,819 crore in the corresponding quarter of the last financial year.
Including the exceptional gains, the PAT stood at Rs 19,243 crores in the quarter under review. The figure was arrived at after considering an exceptional gain of Rs 17,888 crores, which includes 18,051 crores gain on slump sale of BPSL steel undertaking and 163 crores exceptional charge on employee obligations arising from the implementation of the New Labour Code in Q4, in addition to the charge taken in Q3, the company filing said.
The bottom line surged 62% on a sequential basis versus Rs 2,139 crore in Q3FY26, while the topline grew 11% compared to Rs 45,991 crore in the October-December quarter of FY26.
The company's board of directors also recommended a final dividend of Rs 7.10 per equity share for the year ended March 31, 2026. The dividend will be subject to approval by the members at the 32nd Annual General Meeting (AGM) of the company and will be credited on or before 30 days of the AGM.
Listing its key takeaways from the quarter, the Nifty company said crude steel production stood at 7.49 million tonnes, with the company recording its highest-ever quarterly saleable steel sales at 7.97 million tonnes.
Production fell 2% YoY while rising marginally by 0.1%.
The reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 8,634 crore, rising 33% QoQ and 35% YoY, while adjusted EBIDTA stood at Rs 9,713 crores.
The EBITDA margin on an adjusted basis stood at 19% in Q4FY26 versus 14.4% in Q3FY26 and 14.5% in Q4FY25.
Iran-US war impact
Global economic growth remained resilient before the outbreak of the Middle East conflict, supported by stronger-than-expected growth in China during CY25 and in India in FY26. Increased investments in technology and the easing of initially proposed US tariffs also aided the growth momentum.
However, the conflict has triggered a rise in commodity prices, particularly in the energy segment. Despite these pressures, purchasing managers’ surveys suggest that global manufacturing activity has largely remained stable so far, aided by advance buying ahead of anticipated supply chain disruptions and rising costs. China posted a strong 5% growth in Q1CY26, driven by robust exports and improved fixed asset investments, supported by policy stimulus measures.
