MUMBAI, JANUARY 29, 2026: JSW Holdings Limited, the strategic investment holding company of the JSW Group, announced its unaudited financial results for the third quarter ended December 31, 2025. The company reported a standalone net profit of ₹19.62 crore for Q3 FY26, marking an increase from ₹19.40 crore in the same quarter last year.
Financial Highlights (Standalone, Q3 FY26 vs Q3 FY25):
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Net Profit: ₹19.62 crore (up from ₹19.40 crore)
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Total Income: ₹32.66 crore (up from ₹29.22 crore)
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Earnings Per Share (EPS): ₹17.67
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Total Comprehensive Income: Surged to ₹285.72 crore (from a loss of ₹4,224.92 crore in Q3 FY25), driven by significant fair value gains on equity investments.
Nine-Month Performance (Apr-Dec 2025):
For the nine-month period, the standalone net profit stood at ₹98.90 crore. Total Comprehensive Income for 9M FY26 was a robust ₹2,339.66 crore, reflecting strong valuation gains in its investment portfolio.
Consolidated Results:
Including its share of profit from associates like Sun Investments Private Limited and Jindal Coated Steel Private Limited, the consolidated net profit for Q3 FY26 was ₹32.12 crore. Consolidated EPS stood at ₹28.94.
Key Drivers of Performance:
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Core Revenue Streams: The company's income is driven by interest income (₹30.17 crore) and dividend income (₹51.80 crore for 9M) from its strategic investments in group companies.
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Investment Portfolio Gains: The standout feature of the results is the substantial fair value change in equity instruments, contributing ₹26.61 crore to Other Comprehensive Income for the quarter and ₹224.08 crore for the nine-month period.
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One-Time Exceptional Item: The results include an exceptional expense of ₹2.71 crore related to the one-time impact of implementing the new Labour Codes, which were notified in November 2025.
Segment & Business Overview:
JSW Holdings operates as a single segment company engaged in "Investing and Financing." It primarily holds strategic investments in the listed entities of the JSW Group, providing the company with stable dividend and interest income, along with potential for capital appreciation.
The Board of Directors approved the results at a meeting held today, which commenced at 3:35 PM and concluded at 5:07 PM IST. The statutory auditors have issued a limited review report on the results.
The trading window for dealing in the company's securities by designated persons will re-open on February 1, 2026.