JSW Holdings Q1 Results: Consolidated net profit up 87% YoY
JSW Holdings posted a consolidated net profit of ₹245.36 lakh in Q1FY27, up 87% YoY, aided by associate profits. Standalone profit grew 9% to ₹214.71 lakh on higher interest income. Revenue rose 15% to ₹345.84 lakh.

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JSW Holdings reported a consolidated net profit of ₹245.36 lakh for the quarter ended June 30, 2026, marking an 87% increase from ₹135.41 lakh in the same quarter last year. Standalone net profit rose 9% year-on-year to ₹214.71 lakh from ₹196.72 lakh, driven by higher interest income and management advisory fees. The trading window for designated persons will re-open on August 09, 2026.
The Board of Directors approved the unaudited financial results at its meeting on August 06, 2026. Statutory auditors HPVS & Associates issued a limited review report on the standalone and consolidated results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates in the investing and financing segment, with results prepared in accordance with Ind AS.
Financial Performance
Total revenue from operations stood at ₹345.84 lakh for the quarter, up from ₹300.75 lakh in Q1FY26. Interest income increased to ₹321.65 lakh from ₹285.94 lakh, while management advisory services fees rose to ₹16.11 lakh from ₹12.40 lakh. Other income contributed ₹1.47 lakh. Total expenses were ₹56.77 lakh, compared to ₹37.29 lakh in the prior year period.
| Metric | Q1FY27 (₹ Lakh) | Q1FY26 (₹ Lakh) | Change |
|---|---|---|---|
| Total Revenue | 345.84 | 300.75 | 15% |
| Total Expenses | 56.77 | 37.29 | 52% |
| Standalone Net Profit | 214.71 | 196.72 | 9% |
| Consolidated Net Profit | 245.36 | 135.41 | 81% |
Consolidated results included a share of profit from associates of ₹30.65 lakh, reversing a loss of ₹91.50 lakh recorded in the corresponding quarter last year. Basic earnings per share were ₹22.11 for consolidated operations and ₹19.35 for standalone operations.
What the Numbers Show
The significant divergence between standalone and consolidated profit growth highlights the impact of associate performance on overall profitability. While standalone operations delivered steady single-digit growth, the consolidated bottom line surged due to the associates' contribution shifting from a loss to a profit position. This suggests that the group's investment portfolio is stabilizing, although core operating revenue growth remains moderate at 15% year-on-year.
Historical Stock Returns for JSW Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.99% | +8.23% | -0.59% | -30.94% | -36.53% | +138.77% |
Which specific associate companies contributed to the ₹30.65 lakh profit reversal, and what operational changes drove this turnaround?
How sustainable is the 52% year-on-year increase in total expenses, and what measures is management taking to control cost inflation?
Given the re-opening of the trading window on August 09, 2026, are there any insider trading restrictions or disclosures that might impact short-term stock volatility?


































