JSW Holdings FY26 net profit falls 25% to ₹14,664.97 lakh
JSW Holdings reported a 25% decline in consolidated net profit to ₹14,664.97 lakh for FY26, with revenue falling to ₹17,945.23 lakh. Q4 net profit rose to 135M rupees from 97M rupees year-on-year.

*this image is generated using AI for illustrative purposes only.
JSW Holdings reported a consolidated net profit of ₹14,664.97 lakh for the financial year ended March 31, 2026, a decrease from ₹19,582.65 lakh in the previous year. Total revenue from operations for the year fell to ₹17,945.23 lakh from ₹24,808.99 lakh in FY25. Despite the annual decline, the company posted a stronger quarterly performance, with Q4 consolidated net profit rising to 135M rupees compared to 97M rupees in the same period of the previous year. The board approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.
Financial Performance
For the year ended March 31, 2026, total expenses stood at ₹1,403.40 lakh, slightly lower than the ₹1,405.22 lakh reported in the previous year. On a standalone basis, the net profit for the year was ₹12,159.05 lakh. The basic earnings per share (EPS) for the year was ₹132.14 on a consolidated basis and ₹109.56 on a standalone basis.
The following table summarizes the key consolidated financial metrics for the full year alongside the quarterly performance:
| Key Financial Metrics (Consolidated): | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Total Revenue from Operations: | ₹17,945.23 lakh | ₹24,808.99 lakh |
| Total Expenses: | ₹1,403.40 lakh | ₹1,405.22 lakh |
| Net Profit for the Year: | ₹14,664.97 lakh | ₹19,582.65 lakh |
| Basic EPS: | ₹132.14 | ₹176.45 |
| Q4 Performance (Consolidated): | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue: | 331M Rupees | 295M Rupees |
| Net Profit: | 135M Rupees | 97M Rupees |
Board Decisions and Appointments
The board approved the re-appointment of Mr. Manoj Kr. Mohta as Whole-time Director for a period of five years effective from June 1, 2026, subject to shareholder approval. Additionally, Mr. Nirmal Kumar Karwa was appointed to the board effective June 1, 2026, based on the recommendations of the Nomination and Remuneration Committee. The board also re-appointed Mr. Haresh Dua as the Internal Auditor for FY 2026-27.
Exceptional Items and Compliance
The company recognized an exceptional item of ₹244.34 lakh during the year, relating to a provision for incremental gratuity liability under the Labour Codes. An excess provision of ₹26.54 lakh was reversed during the quarter ended March 31, 2026. The trading window for designated persons, which had been closed since April 1, 2026, will reopen on May 31, 2026. The results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for JSW Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.22% | +4.28% | -0.74% | -37.27% | -41.74% | +164.71% |
What strategic initiatives will JSW Holdings implement to reverse the annual decline in revenue and restore growth?
How will the re-appointment of Mr. Manoj Kr. Mohta and the appointment of Mr. Nirmal Kumar Karwa influence the company's future direction?
Will the strong Q4 performance be sustained into the next fiscal year, and what factors will drive this momentum?

































