JSW Steel Q1 FY27 Results: PAT Jumps 112%, Revenue Rises 19% YoY
JSW Steel reported a strong Q1 FY27 performance, with revenue from operations rising 19% YoY and net profit more than doubling. The company also approved participation in the proposed JSW One Platforms IPO through an ₹811 crore offer for sale.
JSW Steel reported strong Q1 FY27 results, with revenue from operations rising 19% year-on-year to ₹47,364 crore and net profit jumping 112.58% to ₹4,696 crore. The company also approved participation in the proposed JSW One Platforms IPO through an ₹811 crore offer for sale.
JSW Steel Q1 Results 2027: On 17 July, JSW Steel reported a strong operating performance for the first quarter of FY27. Revenue from operations increased 19% year-on-year to ₹47,364 crore. However, Profit After Tax (PAT) declined sharply on a quarterly basis due to an exceptionally high base in the previous quarter. Here's a detailed breakdown of JSW Steel's Q1 FY27 results.
JSW Steel Q1 FY2027 Results Highlights
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Production stood at 6.59 million tonnes in Q1 FY27, registering 3% YoY growth from 6.38 million tonnes and 2% QoQ growth from 6.48 million tonnes.
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Sales volume increased 4% YoY to 6.25 million tonnes, while declining 12% QoQ from 7.07 million tonnes due to seasonal factors.
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Revenue from Operations stood at ₹47,364 crore, registering 19% YoY growth from ₹39,880 crore and 2% QoQ growth from ₹46,624 crore.
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Reported EBITDA increased to ₹9,383 crore, up 38% YoY and 24% QoQ. Adjusted EBITDA stood at ₹9,373 crore, registering 32% YoY growth from ₹7,106 crore and 8% QoQ growth from ₹8,643 crore.
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Profit After Tax (PAT) stood at ₹4,696 crore, increasing 112.58% YoY from ₹2,209 crore. However, PAT declined 75.60% QoQ from ₹19,243 crore, primarily due to the exceptionally high base in Q4 FY26.
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PAT Margin improved to 9.91% from 5.12% in Q1 FY26, expanding 479 basis points YoY. Sequentially, PAT margin declined from 37.60% in Q4 FY26.
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Earnings Per Share (EPS) increased to ₹19.05 from ₹8.95 in Q1 FY26, registering 112.85% YoY growth. Compared with ₹67.07 in Q4 FY26, EPS declined 71.60%.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Production (mn tonnes) |
6.59 |
6.48 |
2% |
6.38 |
3% |
|
Sales (mn tonnes) |
6.25 |
7.07 |
-12% |
6.03 |
4% |
|
Revenue from Operations (₹ Cr) |
47,364 |
46,624 |
2% |
39,880 |
19% |
|
Reported EBITDA (₹ Cr) |
9,383 |
7,566 |
24% |
6,816 |
38% |
|
Adjusted EBITDA (₹ Cr) |
9,373 |
8,643 |
8% |
7,106 |
32% |
|
Profit After Tax (₹ Cr) |
4,696 |
19,243 |
-75.60% |
2,209 |
112.58% |
|
PAT Margin |
9.91% |
37.60% |
down |
5.12% |
up |
|
EPS (₹) |
19.05 |
67.07 |
-71.60% |
8.95 |
112.85% |
Source: JSW Steel Q1 FY27 Investor Presentation and Consolidated Financial Results.
Note: Profit After Tax (PAT) stood at ₹4,696 crore, more than doubling 112.58% YoY from ₹2,209 crore in Q1 FY26. Sequentially, PAT declined 75.60% from ₹19,243 crore reported in Q4 FY26, due to the absence of the one-time exceptional gain of ₹17,888 crore recognized in the previous quarter following the loss of control over Bhushan Power & Steel (BPSL)
JSW One Platforms IPO
JSW Steel has approved its participation in the proposed initial public offering (IPO) of JSW One Platforms Ltd. According to an exchange filing, the company's board has cleared the sale of shares worth up to ₹811 crore through an offer for sale (OFS), subject to regulatory approvals, market conditions, and other required clearances.
The final offer price and other IPO-related details will be decided at a later stage in line with SEBI regulations.
JSW Steel Share Price Today
As of 17 July, 3:30 PM
Ahead of the Q1 FY27 results, JSW Steel's share price closed 1.15% higher on Friday. The stock has gained 5% on a year-to-date (YTD) basis and is up 19% over the one year from July 17, 2025, to July 17, 2026.