JSW Holdings (JSWHL) Q2 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, were approved on November 6, 2025.

• The review reports from statutory auditors confirm compliance with Indian Accounting Standards and SEBI regulations, with no material misstatements identified.

Financial highlights

• Standalone revenue from operations for Q2 FY26 was ₹8,357.17 lakhs, up from ₹3,007.48 lakhs in Q1 FY26 and ₹11,364.65 lakhs in Q2 FY25.

• Standalone profit after tax for Q2 FY26 was ₹5,960.73 lakhs, compared to ₹1,967.20 lakhs in Q1 FY26 and ₹7,927.93 lakhs in Q2 FY25.

• Consolidated profit after tax for Q2 FY26 was ₹6,717.43 lakhs, including a share of profit from associates of ₹756.70 lakhs.

• Total comprehensive income (standalone) for Q2 FY26 was ₹2,75,512.50 lakhs, reflecting significant fair value changes in equity instruments.

• Basic and diluted EPS (standalone) for Q2 FY26 stood at ₹53.71, up from ₹17.73 in Q1 FY26.

Outlook and guidance

• The company continues to focus on its core business of investing and financing, with only one reportable segment.