NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

ICICI Securities Releases Fourth Quarter Earnings Estimates for Metal & Mining Sector

ICICI Securities has released its fourth quarter (January-March 2026) earnings estimates for the Metal & Minings sector, providing insight into the sector's expected performance. According to the brokerage house, JSW Steel is expected to report a net profit of Rs. 2,403.8 crore, marking a significant increase of 59.9% year-on-year (up 12.4 percent quarter-on-quarter).

The estimated net sales for JSW Steel are expected to rise by 9.7 percent year-on-year (up 6.9 percent quarter-on-quarter) to Rs. 49,178.6 crore. This increase in net sales is expected to have a positive impact on the company's overall performance.

In terms of earnings before interest, tax, depreciation and amortisation (EBITDA), ICICI Securities expects a significant rise of 26.9 percent year-on-year (up 24.6 percent quarter-on-quarter) to Rs. 8,091.2 crore. This increase in EBITDA is expected to contribute to the company's improved profitability.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

CompanyEstimated Q4 2026 Net Sales (Rs. Crore)Estimated Q4 2025 Net Sales (Rs. Crore)Year-on-Year Growth
JSW Steel49,178.644,785.89.7%
CompanyEstimated Q4 2026 EBITDA (Rs. Crore)Estimated Q4 2025 EBITDA (Rs. Crore)Year-on-Year Growth
JSW Steel8,091.26,361.526.9%

Investor Takeaway

Investors should expect a positive earnings report from JSW Steel in Q4.

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