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In the January–March quarter, JSW Steel’s revenue stood at ₹44,819 crore, while net profit came in at ₹1,501 crore. Capacity utilisation for India operations reached 93% in the fourth
quarter, driven by ramp-ups at the JSW Vijayanagar Metallics Ltd. (JVML) and Bhushan Power & Steel Ltd. (BPSL).
JSW Steel achieved crude steel production of 27.79 million tonnes during FY25, reflecting a 5% year-on-year increase. Total steel sales grew by 7% to 26.45 million tonnes, with the
January–March quarter alone contributing 7.49 million tonnes in sales—a jump of 11% over the same quarter last year. The company’s consolidated crude steel output for the fourth quarter
stood at 7.63 million tonnes, up 12% year-on-year, as operational efficiencies and new capacity ramp-ups gathered pace. Domestic sales hit record highs, growing 30% in Q4 and 15% over the
full fiscal year. A dividend of ₹2.80 per share has also been announced for shareholders.
The company also saw robust demand across all major customer segments. Sales to the renewable energy sector rose 53% year-on-year, while sales to the appliance segment jumped 57%. Record
sales were also logged in the automotive and construction sectors, underlining a broad-based growth in domestic consumption.
On the sustainability front, JSW Steel continues to reinforce its leadership. The company was named a World Steel Sustainability Champion for the seventh consecutive year and launched
GreenEdge, a branded portfolio of low-emission steel products. Its plants at Vijayanagar, Dolvi, Salem, and Tarapur received ResponsibleSteel certification, covering around 80% of its
primary production. The company reaffirmed its target of achieving net-zero emissions by 2050, and a 42% reduction in CO₂ emissions intensity by FY30, compared to 2005 levels. In FY25 alone,
JSW’s SEED (Sustainable Energy, Environment, and Decarbonisation) initiatives led to a reduction of 1.87 million tonnes of CO₂. Efforts to integrate more scrap into the steelmaking process
and optimize industrial gas networks further highlight JSW’s commitment to a circular, low-carbon economy.
Strategically, JSW Steel is moving ahead with aggressive expansion. It has reaffirmed its FY26 production guidance at 30.5 million tonnes, with consolidated sales expected to reach 29.2
million tonnes. To support this, the company has laid out a capex plan of ₹61,863 crore, mostly dedicated to brownfield expansions in Vijayanagar and greenfield capacity build-outs in
Odisha. The company also noted the Supreme Court’s recent order on BPSL, which directed the refund of payments made in the earlier resolution plan. JSW Steel said it is evaluating all legal
remedies available.
Another standout growth story for the company has been its digital B2B platform, JSW One, which posted a gross merchandise value (GMV) of ₹12,567 crore in FY25, a 2.4x jump over the previous
year. The platform, catering to MSMEs in construction and manufacturing, now has over 2,600 transacting customers and has delivered more than 134 homes under its JSW One Homes offering. Its
NBFC arm, launched in August 2024, has already facilitated over ₹3,800 crore in credit, further strengthening JSW Steel’s ecosystem of services.