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BPSL restructuring to drive margin gains for JSW Steel
Financial Express Mumbai
|December 05, 2025
The sale of BPSL's steel business removes an estimated ₹37,250-crore debt from JSW Steel's consolidated books
JSW STEEL'S DECISION to move Bhushan Power and Steel (BPSL) into a 50:50 joint venture with JFE Steel is set to sharpen its margin profile as the company enters the next phase of its capacity cycle, analysts said.
Experts see the deal as both a balance sheet cleanup and a more efficient way of capturing BPSL’s earnings contribution.
This story is from the December 05, 2025 edition of Financial Express Mumbai.
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