JSW One FY26 Loss Narrows 51% to ₹107 Crore Ahead of IPO

2 Oct 2026, 7:32 pm · 3h ago · 1 min read · Inc42

Amount

₹3,054 Cr

Stage

IPO

JSW Group’s B2B ecommerce marketplace, JSW One Platforms, reported a 50.9% narrowing in consolidated net loss to ₹106.5 crore for FY26, down from ₹217 crore in FY25. According to its Draft Red Herring Prospectus, operating revenue jumped 44.9% year-on-year to ₹5,743.4 crore from ₹3,962.8 crore, driven by strong growth in manufacturing and construction material sales. Steel volumes rose 51.2% to 27.1 lakh tonnes, while cement volumes increased 23.9%. The financial disclosures come as the technology platform prepares for a planned ₹3,054 crore initial public offering, having turned profitable in Q1 FY27.