Quarterly results · JSWSTEEL
JSW STEEL LIMITED reported revenue of ₹53,697 cr and net profit of ₹5,279 cr in Q2 FY27 (quarter ended 30 Sept 2026). Below is the full quarter-wise results table with revenue, operating profit, margins, tax, EPS and annual history — updated when Yahoo Finance publishes updated financial statements; exchange filings can appear earlier.
| Quarter | Q2 FY27 |
|---|---|
| Quarter ended | 30 Sept 2026 |
| Revenue | ₹53,697 cr |
| Revenue YoY | — |
| Operating profit | ₹7,920 cr |
| Operating margin | 14.7% |
| Net profit | ₹5,279 cr |
| Net profit YoY | — |
| Net profit QoQ | +13.5% |
| Net margin | 9.8% |
| Basic EPS | ₹21.63 |
| TTM revenue | ₹1,95,376 cr |
| TTM net profit | ₹28,439 cr |
| TTM net margin | 14.6% |
JSW STEEL LIMITED (JSWSTEEL) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹53,697 cr and a net profit of ₹5,279 cr, translating into earnings per share of ₹21.63.
Operating profit for the quarter stood at ₹7,920 cr, an operating margin of 14.7%.
Revenue
₹53,697 cr
— YoY
Net profit
₹5,279 cr
— YoY
Operating profit
₹7,920 cr
— YoY
EPS
₹21.63
— YoY
| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|---|---|---|---|---|---|---|---|
| Q2 FY272026-09-30 | ₹53,697 cr | ₹7,920 cr | ₹5,279 cr | 14.7% | 9.8% | ₹21.63 | — | +13.5% |
| Q1 FY272026-06-30 | ₹46,662 cr | ₹7,246 cr | ₹4,651 cr | 15.5% | 10.0% | ₹19.05 | +113.0% | -71.6% |
| Q4 FY262026-03-31 | ₹49,798 cr | ₹6,486 cr | ₹16,370 cr | 13.0% | 32.9% | ₹67.07 | — | +665.3% |
| Q3 FY262025-12-31 | ₹45,219 cr | ₹4,134 cr | ₹2,139 cr | 9.1% | 4.7% | ₹8.76 | — | -2.1% |
| Q1 FY262025-06-30 | ₹42,460 cr | ₹5,039 cr | ₹2,184 cr | 11.9% | 5.1% | ₹8.95 | — | — |
| TTM (last 4 quarters) | ₹1,95,376 cr | ₹25,786 cr | ₹28,439 cr | 13.2% | 14.6% | ₹116.51 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 |
|---|---|---|---|---|---|
| Revenue / Sales | ₹53,697 cr | ₹46,662 cr | ₹49,798 cr | ₹45,219 cr | ₹42,460 cr |
| Total expenses | ₹45,777 cr | ₹39,416 cr | ₹43,312 cr | ₹41,085 cr | ₹37,421 cr |
| Gross profit | ₹22,068 cr | ₹20,712 cr | ₹21,245 cr | ₹17,953 cr | ₹19,463 cr |
| Operating profit (EBIT) | ₹7,920 cr | ₹7,246 cr | ₹6,486 cr | ₹4,134 cr | ₹5,039 cr |
| Operating margin | 14.7% | 15.5% | 13.0% | 9.1% | 11.9% |
| Interest cost | ₹1,602 cr | ₹1,712 cr | ₹2,168 cr | ₹2,304 cr | ₹2,217 cr |
| Profit before tax | ₹7,051 cr | ₹6,160 cr | ₹22,377 cr | ₹1,457 cr | ₹3,072 cr |
| Tax expense | ₹1,692 cr | ₹1,464 cr | ₹3,134 cr | -₹953 cr | ₹863 cr |
| Effective tax rate | 24.0% | 23.8% | 14.0% | -65.4% | 28.1% |
| Net profit (PAT) | ₹5,279 cr | ₹4,651 cr | ₹16,370 cr | ₹2,139 cr | ₹2,184 cr |
| Net profit margin | 9.8% | 10.0% | 32.9% | 4.7% | 5.1% |
| Basic EPS | ₹21.63 | ₹19.05 | ₹67.07 | ₹8.76 | ₹8.95 |
| Diluted EPS | ₹21.59 | ₹19.02 | ₹66.94 | ₹8.75 | ₹8.93 |
| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 |
|---|---|---|---|---|---|
| Revenue YoY | — | +9.9% | — | — | — |
| Revenue QoQ | +15.1% | -6.3% | +10.1% | +6.5% | — |
| Operating profit YoY | — | +43.8% | — | — | — |
| Operating profit QoQ | +9.3% | +11.7% | +56.9% | -18.0% | — |
| Net profit YoY | — | +113.0% | — | — | — |
| Net profit QoQ | +13.5% | -71.6% | +665.3% | -2.1% | — |
| EPS YoY | — | +112.8% | — | — | — |
| EPS QoQ | +13.5% | -71.6% | +665.6% | -2.1% | — |
Full-year performance for JSW STEEL LIMITED, useful for reading each quarter in context.
| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|---|---|---|---|
| Revenue / Sales | ₹1,82,037 cr | ₹1,66,575 cr | ₹1,72,588 cr | ₹1,63,646 cr |
| Total expenses | ₹1,58,692 cr | ₹1,52,417 cr | ₹1,52,092 cr | ₹1,50,487 cr |
| Gross profit | ₹69,178 cr | ₹58,881 cr | ₹62,407 cr | ₹55,480 cr |
| Operating profit (EBIT) | ₹23,345 cr | ₹14,158 cr | ₹20,496 cr | ₹13,159 cr |
| Operating margin | 12.8% | 8.5% | 11.9% | 8.0% |
| Interest cost | ₹8,300 cr | ₹7,863 cr | ₹7,631 cr | ₹6,260 cr |
| Profit before tax | ₹29,250 cr | ₹5,077 cr | ₹13,380 cr | ₹5,655 cr |
| Tax expense | ₹3,742 cr | ₹1,586 cr | ₹4,407 cr | ₹1,516 cr |
| Effective tax rate | 12.8% | 31.2% | 32.9% | 26.8% |
| Net profit (PAT) | ₹22,316 cr | ₹3,504 cr | ₹8,812 cr | ₹4,144 cr |
| Net profit margin | 12.3% | 2.1% | 5.1% | 2.5% |
| Basic EPS | ₹91.43 | ₹14.36 | ₹36.34 | ₹17.25 |
| Diluted EPS | ₹91.25 | ₹14.32 | ₹36.17 | ₹17.14 |
Topline for Q2 FY27 came in at ₹53,697 cr, and ₹46,662 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +15.1%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹45,777 cr, or 85.3% of revenue.
Net profit of ₹5,279 cr works out to a net margin of 9.8%.
Below the operating line, JSW STEEL LIMITED reported profit before tax of ₹7,051 cr, a tax charge of ₹1,692 cr (effective rate 24.0%), interest cost of ₹1,602 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹4,651 cr in Q1 FY27 to ₹5,279 cr in Q2 FY27, a change of +13.5%.
Across the trailing four quarters JSW STEEL LIMITED has generated revenue of ₹1,95,376 cr and net profit of ₹28,439 cr, a trailing net margin of 14.6%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹1,82,037 cr with net profit of ₹22,316 cr and EPS of ₹91.43, versus the prior year where revenue grew +9.3% and profit grew +536.9%.
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
No results report published for JSWSTEEL yet — our desk covers each quarter within minutes of the filing.
| Board meeting date | Purpose | Details |
|---|---|---|
| 23 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
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In Q2 FY27 (quarter ended 30 Sept 2026), JSW STEEL LIMITED reported revenue of ₹53,697 cr and net profit of ₹5,279 cr. EPS stood at ₹21.63.
JSW STEEL LIMITED posted a net profit margin of 9.8% and an operating margin of 14.7% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹1,95,376 cr and net profit ₹28,439 cr.
JSW STEEL LIMITED net profit changed +13.5% quarter on quarter, from ₹4,651 cr in Q1 FY27 to ₹5,279 cr in Q2 FY27.
JSW STEEL LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Results coverage for JSWSTEEL will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the JSWSTEEL stock page.
For FY26, JSW STEEL LIMITED reported full-year revenue of ₹1,82,037 cr and net profit of ₹22,316 cr, with EPS of ₹91.43.
JSWSTEEL has held 1 recent board meetings for financial results, the last on 23 Oct 2026.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 27 Oct 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
