JSW Steel Limited (NSE:JSWSTEEL) delivered FY26 consolidated revenue of Rs185,470 crore and net profit of Rs25,983 crore (EPS Rs91.43), posted stronger June-quarter ops with cost cuts and BF-3 ramp, while the board approved a promoter stake Offer for Sale in JSW One Platforms amid mixed broker views.
Previous Week Recap
- JSW Steel Year: Revenue, Profit: JSW Steel reported consolidated financials for the year ended March 2026: revenue of Rs 185,470 crore, net profit of Rs 25,983 crore, and earnings per share of Rs 91.43.
- JSW Steel Q1 Jun Ops Boost: JSW Steel posted strong June-quarter ops: higher realizations, lower costs, BF-3 production ramp and deleveraging after BPSL deal. Brokers raised targets (1,450–1,525); one kept sell view at 1,100.
- JSW One Platforms Promoter Sell: JSW Steel’s board approved selling promoter-held shares in JSW One Platforms via an Offer for Sale, per the July 17, 2026 announcement; relates solely to promoter stake disposal.
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