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JSW Steel net jumps nearly fourfold on improved sales

Business Standard

|

October 18, 2025

JSW Steel on Friday reported a 269.7 per cent year-on-year (Yo-Y) jump in consolidated net profit (attributable to owners of the company) to₹1,623 crore in the second quarter of 20265-26 (Q2FY26).

- ISHITA AYAN DUTT

This was on the back of higher sales volumes, which helped offset the decrease in realisations. In the year-ago period, the company’s net profit stood at ₹439 crore.

The firm’s total revenue, on a consolidated basis, increased 13.8 per cent to ₹45,152 crore from 39,684 crore last year.

‘The revenue surpassed Bloomberg’s estimate of ₹44,170 crore, but net profit came in below expectations at ₹1,766 crore.

Sequentially, revenue was up 4.6 per cent while net profit was down 25.7 percent.

FLERE HISTORIER FRA Business Standard

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