Jayaswal Neco Q1FY26 Results: PAT Soars to ₹93 Cr, Highest-Ever Blast Furnace Output Achieved
By Shishta Dutta | Published at: Jul 18, 2025 07:34 PM IST
Nagpur, July 18 – Jayaswal Neco Industries Ltd (NSE: JAYNECOIND, BSE: 522285) reported strong operational and financial performance for Q1FY26, with its profit after tax (PAT) surging to ₹93.02 crore compared to a loss of ₹31.68 crore in Q1FY25. The company also achieved record quarterly production and dispatches across key segments, including blast furnace, rolled products, and captive iron ore mines.
Jayaswal Neco Stock Movement
The company’s share closed at ₹40.19 (3.16% lower than the previous day’s close). This was after a 5-day rally, during which the stock gained around 6%, and the month’s gain is now close to 29%. Today’s traded volume was slightly more than 1 million shares, with many investors on a profit-booking spree.
Financial Highlights (₹ in crore)
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | 1,649 | 1,675 | 1,438 |
| EBITDA | 319 | 344 | 170 |
| EBITDA Margin (%) | 19.37% | 20.54% | 11.79% |
| Profit Before Tax | 125.39 | 136.64 | (40.91) |
| Profit After Tax | 93.02 | 101.64 | (31.68) |
The company reduced its secured debt by approximately 6% during the quarter, bringing the outstanding to ₹2,557 crore as of June 30, 2025.
Segment-Wise Operational Highlights
Production (in Metric Tons)
| Product | Q1 FY26 | Q4 FY25 | Q1 FY25 |
|---|---|---|---|
| Rolled Products | 1,66,584 | 1,71,771 | 95,912 |
| Billets | 1,79,482 | 1,81,466 | 67,586 |
| Hot Metal | 2,11,309 | 1,97,893 | 71,216 |
| Sponge Iron (DRI) | 78,501 | 51,392 | 70,043 |
| Pellets | 3,47,940 | 3,37,820 | 3,39,988 |
| Iron & Steel Castings | 11,917 | 12,877 | 11,254 |
Sales (in Metric Tons)
| Product | Q1 FY26 | Q4 FY25 | Q1 FY25 |
|---|---|---|---|
| Rolled Products | 1,63,144 | 1,56,139 | 1,26,479 |
| Billets | 4,874 | 6,216 | 174 |
| Pig Iron | 29,744 | 34,165 | 3,001 |
| Sponge Iron (DRI) | 55,653 | 33,394 | 59,212 |
| Pellets | 2,06,363 | 2,69,260 | 2,19,354 |
| Iron & Steel Castings | 12,381 | 12,245 | 12,196 |
Key Operational Records Achieved
- Blast Furnace Output: Highest-ever quarterly production of 2,11,309 MT, surpassing the previous high of 1,97,893 MT in Q4FY25.
- Steel Dispatches: Achieved record dispatch of 1,63,144 MT, exceeding the earlier peak of 1,59,022 MT in Q3FY25.
- Highest ROM production: 8,65,614 MT
- Highest dispatch: 8,07,151 MT, both exceeding Q4FY25 highs.
Strategic Outlook
The company continues to leverage its integrated operations, with the entire iron ore requirement for its steel plant sourced internally from its captive mines. The reduction in debt and consistent operational milestones reflect Jayaswal Neco’s strategy of strengthening its balance sheet and improving operational efficiencies.
Company Overview
Jayaswal Neco Industries Limited is the flagship entity of the NECO Group and is listed on both NSE and BSE. It is among India’s largest integrated manufacturers of alloy steel long products and ferrous castings, with a strong presence in domestic and export markets.
REF:https://nsearchives.nseindia.com/corporate/JAYNECOIND3_18072025170914_PressRelease18072025.pdf
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