Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
JSW Steel net surges 198%
Business Standard
|January 24, 2026
One-time tax gain, linked to Bhushan Power & Steel and JFE Steel deal, drives growth
JSW Steel on Friday reported a 198.3 per cent year-on-year (Yo-Y) jump in consolidated net profit (attributable to owners of the company) to 2,139 crore in the third quarter of 2025-26 (Q3FY26).Itwas led by a onetime tax gain linked to the Bhushan Power & Steel (BPSL) and JFE Steel deal.
In the year-ago period, the company’s net profit stood at 717 crore.
On December 3, JSW Steel announced a strategic joint venture with Japan’s JFE Steel for the BPSL steel business.
As part of this transaction, JFE will take a so percent stake in BPSL's steel business at an equity value of 31,500 crore and enterprise value of 53,000 crore.
Dit verhaal komt uit de January 24, 2026-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
Visa readies India swipe of debit-cum-credit card
After its success in Japan, Visa's latest innovation in plastic money — a single 16-digit card credential that works as both a credit and debit card — is gearing up for entry into India.
2 mins
January 24, 2026
Business Standard
India at Davos: From presence to partnership
Davos often makes its presence felt through snowfall that reshapes both the landscape and the mood.
3 mins
January 24, 2026
Business Standard
The end of Nato is coming
No President has created so much doubt about America’s commitment to trans-Atlantic security
5 mins
January 24, 2026
Business Standard
Forex reserves rise $14 billion in best week in 10 months
India’s foreign exchange reserves rose by $14 billion in the week ended January 16, the highest weekly rise since the week ended March 7, 2025, latest data from the Reserve Bank of India (RBI) showed.
2 mins
January 24, 2026
Business Standard
DLF plans senior housing foray
Realty major DLF on Friday said it will soon launch its senior living project Arbour in Gurugram, with an estimated revenue potential of around ₹2,000 crore.
1 min
January 24, 2026
Business Standard
IndusInd Q3 net slumps 91%
Sunil Mehta to step down as chairman and director
2 mins
January 24, 2026
Business Standard
Market selloff on FPI exodus erases ₹16 trn mcap in a week
Nifty logs worst weekly fall since Sept; FPI monthly outflows highest since Aug
2 mins
January 24, 2026
Business Standard
Market institutions: Roles blurred
Market infrastructure institutions (MIs) — stockexchanges (SEs), clearingcorporations, and depositories — play a pivotal role in developing and regulating capital markets.
3 mins
January 24, 2026
Business Standard
Trai’s numbering mandate raises debt collection concern
The Telecom Regulatory Authority of India’s (Trai’s) directive requiring banks and non-banking financial companies (NBFC) to shift to the ‘1600’ numbering series for voice calls to curb spam and fraud is raising concern among the lending players.
2 mins
January 24, 2026
Business Standard
Lagarde isn't on 'the same page' as Carney over ruptured world
Mark Carney’s bleak view of a disintegrating world met pushback from global economic chiefs in Davos who emphasised how mutual reliance in international affairs can’t be ignored.
1 min
January 24, 2026
Listen
Translate
Change font size