What was JSW Steel's consolidated profit before exceptional items and tax for the quarter ended March 31, and what were the main drivers behind this result?

JSW Steel's consolidated profit before exceptional items and tax was 44.89 billion rupees ($468.7 million) for the quarter ended March 31. This more than two-fold rise in profit was driven by a rebound in steel prices and healthy demand, which outweighed higher costs linked to the Iran war.

How did external geopolitical factors—specifically the Iran war—affect JSW Steel's costs during the quarter?

The Iran war led to a rise in costs for JSW Steel during the quarter; however, this increase was more than offset by a rebound in steel prices and strong demand, resulting in a more than two-fold jump in profit before exceptional items and tax.

India's JSW Steel posts two-fold rise in quarterly profit on price recovery, healthy demand

May 14, 2026

India's JSW Steel reported a more than two-fold jump in quarterly profit to 44.89 billion rupees, driven by steel price recovery and strong demand despite rising costs linked to the Iran war.

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