JSW Steel Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on January 23, 2026, which commenced at 10:00 am and concluded at 3:15 pm. For the quarter ended December 31, 2025, the standalone net profit was ₹757 crore, a decrease from ₹1,286 crore in the same period last year. Total revenue from operations for the standalone entity stood at ₹32,127 crore, compared to ₹31,799 crore in the prior year's corresponding quarter. The consolidated net profit for the quarter was ₹1,646 crore, down from ₹719 crore in the previous year. Consolidated total revenue from operations was ₹45,991 crore, an increase from ₹41,378 crore year-on-year. Notable events include the acquisition of 100% equity shares of Saffron Resources Private Limited for ₹681 crore on December 3, 2025, making it a wholly-owned subsidiary. The company also approved a scheme of amalgamation for its wholly-owned subsidiaries Amba River Coke Limited, Monnet Cement Limited, and JSW Retail and Distribution Limited with the company, and a scheme of amalgamation for Piombino Steel Limited with the company. Additionally, a 50:50 joint venture with JFE Steel Corporation for the steel business undertaking of Bhushan Power and Steel Limited was approved, with the Competition Commission of India (CCI) approval received on January 20, 2026. The transaction involves a cash consideration of ₹24,483 crore for BPSL's steel business undertaking.
