JSW Steel
Investors in the stock market always keep an eye on the financial results of the companies, because these are the figures that decide the direction of any stock. This time, Jindal Group’s giant JSW Steel has given such great news to its investors, which has surprised even the market experts. The company which once seemed burdened with huge losses, has made a tremendous comeback in the quarter of March 2026 and has earned bumper profits.
The company has directly recovered from the loss of ₹ 304 crore and has come to an impressive consolidated profit of ₹ 1,041 crore. Along with this magical figure, the company has also declared a dividend of ₹ 2 per share for its shareholders. Now the eyes of investors are directly focused on the stock market opening on Monday, May 4, where strong action can be seen in this stock.
journey from loss to profit
The last quarter has been no less than a big success for this steel company of Jindal Group. If we take a deeper look at the company’s balance sheets, we find that the rapid growth in revenue has laid a strong foundation for its profits. The company’s net revenue increased by 24.36 percent from ₹ 13,255 crore to ₹ 16,484 crore. It is not just a matter of revenue, but on the operational front too, JSW Steel has proved its strength.
If we look at the profit before paying tax, this figure has gone up like a rocket. It has directly increased to ₹1,074 crore as compared to only ₹72 crore last year. Apart from this, despite all the challenges of rising costs, the company’s operating profit (EBITDA) increased by 17.59% to ₹ 2,647 crore, which was earlier ₹ 2,251 crore.
Strong report card for the whole year
Not just a quarter, but the picture of the entire financial year is also going to boost the enthusiasm of common investors. The company’s annual net profit has crossed ₹ 3,361 crore from ₹ 2,846 crore. Similarly, the total revenue has also taken a huge jump from ₹49,932 crore to ₹53,553 crore.
According to the company management, record highs have been achieved this year on both the production and sales fronts. In the financial year 2026, production touched the magic figure of 925 million tonnes with a huge growth of 14%. Talking only about the March quarter, a huge increase of 6% in production (265 million tonnes) and 15% increase in sales (262 million tonnes) has been recorded. Strong demand for steel in the market has played a big role in these excellent figures of the company.
Why will there be an eye on shares on Monday 4th May?
One trading day ago, i.e. on Thursday, April 30, this stock had closed at ₹ 1,223.85 with a slight decline (0.40%). But now after such strong results, huge movement is being expected in the stock as soon as the market opens on May 4.
If we look at the journey of this stock in the last one year, it has been no less than a rollercoaster. On May 9, 2025, the stock was trading at its lowest level in one year at ₹ 832.55. The momentum that the company gained from there filled the pockets of investors. In just 11 months, the stock jumped almost 56.87% and reached its record high of ₹1,306.00 on April 21, 2026.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
