JSW Steel announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a revenue of ₹54,486 crores for Q2 FY27, a 5% increase compared to the same period last year. Net profit after tax stood at ₹5,359 crores for the quarter. The company highlighted record crude steel production and sales volumes, driven by robust domestic demand and healthy exports.
JSW Steel Announces Strong Q2 FY27 Financial Performance
JSW Steel Limited today reported its financial results for the Second Quarter ended September 30, 2026, showcasing significant growth across key metrics. The company announced its highest ever crude steel production at 7.27 million tonnes and highest ever saleable steel sales of 7.46 million tonnes during the quarter. Revenue from operations for Q2 FY27 stood at ₹54,486 crores, reflecting a year-on-year increase.
Key Financial Highlights
The company reported a Profit after Tax of ₹5,359 crores for the quarter. Reported EBITDA for the quarter was ₹10,120 crores. Adjusted EBITDA stood at ₹9,941 crores, with an Adjusted EBITDA Margin of 18.3%. The Net Debt to Equity ratio was reported at 0.39x, indicating a healthy balance sheet.
Operational Performance and Growth Drivers
The strong performance was attributed to robust domestic demand, particularly in the automotive sector, which saw its highest-ever sales volumes. Sales of Flats and VASP also reached record highs. The Vijayanagar plant’s BF-3 ramp-up contributed to the increased production volumes. The company’s focus on sustainable steelmaking and strategic expansions continues to drive growth.
Outlook and Future Investments
JSW Steel also provided an update on its strategic projects and future investments. The company has approved several capacity expansions, including a 5 MTPA expansion at JSW Utkal and other downstream projects. These initiatives are aimed at enhancing downstream capabilities and securing raw material supply, positioning JSW Steel for continued growth in the dynamic steel market.
Source: BSE
