Sajjan Jindal-led JSW Steel reported a 989.2% year-on-year jump in net profit for the fiscal fourth quarter, driven mainly by one-time gains on account of the slump sale in Bhushan Power and Steel Limited (BPSL), and supported by lower cost of materials, lower mining premium and royalties, and reduced power and fuel costs. Net profit attributable to the promoters of the company came in at Rs 16,370 crore (Q4FY25: Rs 1,503 crore), beating Bloomberg estimates of Rs 1,503 crore. The firm benefitted from a one-off gain of Rs 17,888 crore due to the BPSL slump sale.