JSW Steel announced its financial results for the fourth quarter and full financial year ended March 31, 2026, reporting strong operational growth supported by higher steel sales and improved market demand.
For FY26, the company recorded crude steel production of 30.14 million tonnes and saleable steel sales of 29.63 million tonnes. Revenue from operations stood at ₹1,85,470 crore during the year.
The company posted reported EBITDA of ₹29,821 crore, while adjusted EBITDA came in at ₹32,048 crore. Profit after tax (PAT) for FY26 stood at ₹25,508 crore, while normalised PAT excluding exceptional items was reported at ₹8,698 crore.
During the March 2026 quarter, JSW Steel achieved crude steel production of 7.49 million tonnes. The company also reported its highest-ever quarterly saleable steel sales at 7.97 million tonnes.
Quarterly revenue from operations stood at ₹51,180 crore. Reported EBITDA came in at ₹8,634 crore, while adjusted EBITDA was ₹9,713 crore.
Profit after tax for Q4 FY26 stood at ₹19,243 crore, while normalised PAT excluding exceptional items was ₹3,475 crore.
The company maintained a healthy balance sheet with net debt to equity at 0.51x and net debt to EBITDA at 1.81x.
The Board of Directors recommended a dividend of ₹7.1 per equity share with a face value of ₹1 each for FY26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting.
JSW Steel stated that the total dividend outflow will amount to approximately ₹1,736 crore.
For FY27, JSW Steel expects consolidated crude steel production of 29.75 million tonnes and saleable steel sales of 28.60 million tonnes.
Its India operations are expected to contribute 28.75 million tonnes of production and 27.60 million tonnes of saleable steel sales, while the USA Ohio operations are projected to contribute 1 million tonnes each in production and sales.
On May 15, 2026, JSW Steel share price opened at ₹1,314.00, touching the day’s low at ₹1,284.20, as of 11:09 AM on the NSE.
Also Read: JSW Steel Declared as a Preferred Bidder for Pissurlem Mineral Block in Goa!
JSW Steel delivered a strong FY26 performance backed by record quarterly steel sales, stable profitability, and operational efficiency. The company’s dividend announcement and FY27 production guidance reflect confidence in continued demand growth and long-term expansion plans despite global commodity market uncertainties.
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Published on: May 15, 2026, 11:15 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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