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JSW Steel Q4 profit more than doubles as prices recover and demand stays strong

Business
Published on 14 May 2026
JSW Steel Q4 profit more than doubles as prices recover and demand stays strong

War-linked costs rose, yet earnings jumped sharply

JSW Steel reported a sharp jump in Q4 earnings, with profit before tax more than doubling for the quarter ended March 31. The company attributed the surge to recovering steel prices and steady demand, despite higher costs linked to the Iran war. Consolidated profit before exceptional items and tax stood at Rs 44.89 billion, underscoring resilience as the market firms up.

  • JSW Steel’s Q4 profit before tax more than doubled
  • Rising steel prices and strong demand drove the jump
  • Higher Iran-war related costs were absorbed without derailing results
  • Consolidated profit before exceptional items and tax reached Rs 44.89 billion
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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