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JSW Steel profit surges fourfold to ₹1,646 cr in Q2
October 18, 2025
|Hindustan Times Mumbai
JSW Steel on Friday posted fourfold jump in consolidated net profit to ₹1,646 crore for September quarter FY26, as improved sales led to rise in revenues.
The company registered a 14% year-on-year rise in revenues from operations in Q2.
(MINT)
It had clocked a net profit of ₹404 crore in the second quarter of preceding 2024-25 financial year, the JSW Group entity said in an exchange filing.
The consolidated capex spend during Q2 FY26 was ₹3,135 crore, and ₹6,535 crore during H1 FY26. JSW Steel said it expects to spend ₹20,000 crore during FY26.
In July-September, the company registered a 14% year-on-year rise in revenues from operations to ₹45,152 crore from ₹39,684 crore in the year-ago period. JSW Steel posted sales of 7.34 million tonne (MT), up 20% from 6.13 MT in the same period a year ago.
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