JSW Steel Sets 18 July Board Meeting to Approve Q1 FY26 Results Amid Strong FY25 Momentum
By Shishta Dutta | Published at: Jun 27, 2025 04:25 PM IST
Mumbai, 27 June 2025: JSW Steel Ltd (NSE: JSWSTEEL) has announced a board meeting scheduled for 18 July 2025 to review and approve the unaudited standalone and consolidated financial results for the quarter ending 30 June 2025 (Q1 FY26). In compliance with SEBI’s insider trading rules, the company’s trading window will remain closed from 1 July to 18 July 2025.
On 27 June 2025, JSW Steel Ltd shares closed at ₹1,027.95, down by ₹4.60 or 0.45% from the previous session. The stock opened at ₹1,038.45 and touched an intraday high of ₹1,045.70 before slipping to a low of ₹1,023.20. Despite the marginal decline, the stock remains close to its 52-week high of ₹1,074.90.
Strong FY25 Results Fuel Confidence into New Fiscal Year
JSW Steel concluded FY25 on a high note, buoyed by robust quarterly earnings and rising volumes:
Standalone Q4 FY25 Highlights
| Quarter Ended | Total Income (₹ lakh) | PBT (₹ lakh) | Net Profit (₹ lakh) | EPS (₹) | Audit Status |
|---|---|---|---|---|---|
| 31-Mar-2025 | 33,04,900.00 | 1,70,200.00 | 2,04,700.00 | 8.39 | Audited |
| 31-Dec-2024 | 32,25,100.00 | 1,63,800.00 | 1,28,600.00 | 5.27 | Un-Audited |
| 30-Sep-2024 | 31,21,700.00 | 1,58,200.00 | 1,29,900.00 | 5.33 | Un-Audited |
| 30-Jun-2024 | 33,05,000.00 | 1,62,100.00 | 1,20,500.00 | 4.95 | Un-Audited |
| 31-Mar-2024 | 35,79,200.00 | 1,62,400.00 | 1,00,700.00 | 4.13 | Audited |
Consolidated Q4 FY25 Performance (Audited)
| Metric | Q4 FY25 (₹ lakh) |
|---|---|
| Total Income | 45,04,900.00 |
| Profit Before Tax | 1,97,300.00 |
| Net Profit | 1,50,100.00 |
| EPS (₹) | 6.15 |
The doubling of standalone profit and a consolidated net profit of ₹150,100 lakh highlight strong operational and cost management strength ahead of Q1 results.
What’s Behind the Growth?
Several factors underpin this firm positioning:
- Production surge: Crude steel production climbed 8% in May 2025 to 22.73 lakh tonnes, even amid a planned shutdown at the Dolvi blast furnace, underscoring resilient operations.
- Capacity utilisation: Indian operations ran at approximately 80% in May, reinforcing stable supply amid market fluctuations.
- Exports recovery: With softened competition and improved global demand, domestic sales rose 30% YoY, even as exports fell 58% in Q4 FY25.
- Volume increase: Consolidated steel production grew to 27.79 million tonnes in FY25, up 5% YoY.
Strategic Developments Underway
- Legal battle over Bhushan Power deal: JSW Steel is contesting a May Supreme Court verdict that ordered the cancellation of its ₹19,300 crore acquisition of Bhushan Power & Steel, seeking a review to protect its interests.
- Production expansion underway: Despite the Bhushan setback, JSW is moving ahead with both brownfield and greenfield expansions, aiming to reach 50 million tonne capacity by FY31.
- Global diversification: JSW USA’s Ohio plant is upgrading slab-casting infrastructure to boost product range and promote greener steel. In Italy, JSW is also expanding the Piombino rail mill with a €33 million modernisation grant.
- Diversifying into non-ferrous mining: The JSW Group’s ₹26 billion investment in Jharkhand copper mine blocks marks a strategic move into non-ferrous commodities, reducing reliance on steel markets.
Takeaway
JSW Steel enters Q1 FY26 with ample momentum from FY25’s earnings and volumes, underpinned by ongoing capacity upscaling, resilient output, and global diversification. Investors will particularly focus on:
- Q1 margins and volume stability
- Updates on the Bhushan Power legal challenge
- The pace of capacity expansion and debt levels
With a confluence of strong domestic operations and global project investments, JSW Steel appears well-positioned for sustainable growth and margin resilience in the face of evolving steel-cycle conditions.
Company Profile
JSW Steel Ltd, part of the JSW Group, ranks among India’s largest integrated steelmakers. Listed on NSE and BSE (ISIN: INE019A01038), it caters to both domestic and international markets, offering flat and long steel products across sectors including infrastructure, automotive, and renewables.
REF: https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_58497_1472926_27062025023313_WEB.xml
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