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JSW Steel eyes strong H2 on demand, policy boost

Mint Mumbai

|

October 18, 2025

After reporting robust numbers for the second quarter despite a challenging global environment, JSW Steel said it expects a strong second half for the company on the back of 8-9% growth in domestic demand for steel in FY26.

- Dipali Banka

"While exports need to be monitored due to tariff actions by various countries, we remain optimistic about a strong second half, backed by improving steel prices and higher production volumes," Jayant Acharya, joint managing director & CEO of JSW Steel, said in a post-earnings interaction with analysts.

On Friday, India's largest steelmaker by domestic capacity reported a more than threefold jump in consolidated net profit for the September quarter, powered by higher volumes and lower input costs that offset weaker metal prices.

imageThe company posted a consolidated net profit of ₹1,623 crore for the quarter ended 30 September 2025, up sharply from ₹439 crore a year earlier.

Mint Mumbai से और कहानियाँ

Mint Mumbai

JSW Steel eyes strong H2 on demand, policy boost

After reporting robust numbers for the second quarter despite a challenging global environment, JSW Steel said it expects a strong second half for the company on the back of 8-9% growth in domestic demand for steel in FY26.

time to read

2 mins

October 18, 2025

Mint Mumbai

Govt plans Golden Quadrilateral 2.0 to expand road grid

The Union government is planning a sequel to the Golden Quadrilateral network of national highways, introducing high-speed expressways linking India's major economic centres, according to two officials aware of the matter.

time to read

2 mins

October 18, 2025

Mint Mumbai

Mint Mumbai

RIL Q2: Profit surges 16% as all engines gain steam

All of its key businesses—O2C, telecom and retail—saw marginal improvements

time to read

3 mins

October 18, 2025

Mint Mumbai

Gift with intention

Communication isn't just about exchanging information; it's about exchanging information that makes us understand, comprehend and feel for one another.

time to read

1 mins

October 18, 2025

Mint Mumbai

Mint Mumbai

Food delivery growth cushions Blinkit losses for Eternal in Q2

Eternal Ltd (formerly known as Zomato) posted amixed bag performance in the September quarter (Q2FY26).

time to read

2 mins

October 18, 2025

Mint Mumbai

Mint Mumbai

In the dark about light pollution

Beset as we are with many kinds of pollution, we barely pay attention to light pollution and ignore the risks it poses

time to read

5 mins

October 18, 2025

Mint Mumbai

Mint Mumbai

12 states, UTs support e-bus payment plan

PM E-bus Sewa PSM scheme plans to build confidence in e-bus makers

time to read

2 mins

October 18, 2025

Mint Mumbai

Govt plans highway network to expand road grid

The officials did not disclose the planned length of the proposed high-speed expressways or the investment.

time to read

1 min

October 18, 2025

Mint Mumbai

SC allows Natco to sell generic of Roche drug until case ends

The Supreme Court on Friday rejected Swiss pharmaceutical giant F. Hoffmann-La Roche AG's (Roche) pleaseeking that Natco Pharma Ltd berestricted from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug, Risdiplam, in India until the conclusion of the case.

time to read

2 mins

October 18, 2025

Mint Mumbai

Mint Mumbai

Dixon meets revenue goal in Q2, bets on components

Topline grows 33% on year to ₹14,855 cr, unsold goods from Q1 drive profits in Sep quarter

time to read

3 mins

October 18, 2025

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