JSW Steel reported Q4 FY26 net profit of ₹19,243 crore, including an ₹18,051 crore gain from the BPSL slump sale to JFE JV.
Company achieved significant deleveraging with net debt reducing to ₹53,870 crore and net debt/EBITDA improving to 1.81x from 3.34x in FY25.
Announced a 50:50 JV with POSCO for a 6mtpa greenfield steel plant in Odisha and completed acquisition of MdR coking coal deposit in Mozambique.
Declared dividend of ₹7.1 per share and provided FY27 guidance of 29.75mt production and 28.60mt sales for consolidated operations.