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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.
"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.
The 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.
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