JSW Steel Limited

₹43,147 crore

JSW Steel Q1 FY26 Results Presentation / 3 Key Highlights – Q1 FY26 • Revenue from Operations: ₹43,147 crore in Q1 • Operating EBITDA: ₹7,576 crore in Q1 • Net Profit: ₹2,209 crore in Q1 • Net Debt to Equity:

₹7,576 crore

/ 3 Key Highlights – Q1 FY26 • Revenue from Operations: ₹43,147 crore in Q1 • Operating EBITDA: ₹7,576 crore in Q1 • Net Profit: ₹2,209 crore in Q1 • Net Debt to Equity: 0.95x and Net Debt to EBITDA1: 3.20x

₹2,209 crore

• Revenue from Operations: ₹43,147 crore in Q1 • Operating EBITDA: ₹7,576 crore in Q1 • Net Profit: ₹2,209 crore in Q1 • Net Debt to Equity: 0.95x and Net Debt to EBITDA1: 3.20x India capacity utilisation2 of 87

0.95x

in Q1 • Operating EBITDA: ₹7,576 crore in Q1 • Net Profit: ₹2,209 crore in Q1 • Net Debt to Equity: 0.95x and Net Debt to EBITDA1: 3.20x India capacity utilisation2 of 87% in Q1, impacted by planned maint

3.20x

6 crore in Q1 • Net Profit: ₹2,209 crore in Q1 • Net Debt to Equity: 0.95x and Net Debt to EBITDA1: 3.20x India capacity utilisation2 of 87% in Q1, impacted by planned maintenance shutdown • • Consolidat

87%

re in Q1 • Net Debt to Equity: 0.95x and Net Debt to EBITDA1: 3.20x India capacity utilisation2 of 87% in Q1, impacted by planned maintenance shutdown • • Consolidated crude steel production of 7.26mt

7.26mt

of 87% in Q1, impacted by planned maintenance shutdown • • Consolidated crude steel production of 7.26mt in Q1 (up 14% YoY) • Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% Yo

14%

pacted by planned maintenance shutdown • • Consolidated crude steel production of 7.26mt in Q1 (up 14% YoY) • Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% YoY Financial

6.69mt

• • Consolidated crude steel production of 7.26mt in Q1 (up 14% YoY) • Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% YoY Financial Performance Operational Performance • B

9%

crude steel production of 7.26mt in Q1 (up 14% YoY) • Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% YoY Financial Performance Operational Performance • BPSL: JSW Stee

12%

7.26mt in Q1 (up 14% YoY) • Consolidated steel sales of 6.69mt in Q1 (up 9% YoY); Domestic sales up 12% YoY Financial Performance Operational Performance • BPSL: JSW Steel has filed a review petitio

rs 2025

5, 2025 before the Supreme Court • • Recognised as one of India’s Best Employers among Nation-Builders 2025 by Great Places to Work for JSW Steel retained in the FTSE4Good Index Series 3rd consecutive year

“36 Key Project Updates – Dolvi & Others Dolvi Phase-III Expansion from 10 to 15 MTPA Long lead-time items ordered, Letters of Credit established • • Project to be completed by Sep’27 Other Projects 0.6mtpa CRM and Zero Spangle line in Khopoli • Equipment ordering in progress.”

“ir.jswsteel@jsw.in JSW Steel Q1 FY26 Results Presentation / 51”

New Projects

1

Investor Relations Contact

1

New Projects

Dolvi: Sinter Plant, CPP capacity increase, etc. Mining and Cost Saving projects Value Added Product facilities Sustenance Capex Total Approx. 96% of capex is for India operations, 4% for overseas operations 20,000 21,000 22,000 14,656 New approval of CRNO project of ₹4,600cr at Vijayanagar ₹ Cr 47,7981 3,151 4,208 7,300 4,006 66,463 ₹ crore 3,463 FY25A FY26E FY27E FY28E FY29E JSW Steel Q1 FY26 Results Presentation / 1: Reduced by ₹ 1,980 cr following transfer of Slurry pipeline to JSW Infrastructure in FY25 35 Key Project Updates – Vijayanagar 5mtpa Expansion at JVML-Vijayanagar ramping up well • RMHS, Sinter Plant, BF and one SMS unit commissioned • SMS converter-2 expected to be commissioned in Q2 FY26 • HSM commercial production and sales had commenced in March 2024 • Overall project ramping up well Other Projects at Vijayanagar 0.4mtpa Continuous Galvanising Line • High Strength Automotive grade CGL Coke Ovens (4 x 0.75mtpa) • Two Batteries commissioned earlier • Third commissione