From Financialexpress · Urvi Malvania · · 50s
JSW Steel Q2 Profit Surges 225%
JSW Steel's Q2 profit jumps 225% to ₹5,279 crore with record auto sales.
In brief
JSW Steel's Q2 profit jumps 225% to ₹5,279 crore with record auto sales. JSW Steel reported a 225.3% year-on-year increase in Q2 FY27 net profit to ₹5,279 crore, driven by higher sales volumes and record auto sector sales. Originally reported by Financialexpress.
JSW Steel Q2 Profit Surge
JSW Steel reported a 225.3% year-on-year jump in Q2 FY27 net profit to ₹5,279 crore.
Record Auto Sector Sales
JSW Steel achieved its highest ever sales to the auto sector during Q2 FY27.
Revenue Growth
Revenue from operations grew 20.7% to ₹54,486 crore, exceeding estimates.
Ebitda Performance
Reported Ebitda rose 42.2% year-on-year to ₹10,120 crore, beating estimates.
Steel Production
Crude steel production reached 7.27 million tonnes, up 5% annually.
Expansion Plans
JSW Steel approved 5 MTPA expansion at JSW Utkal in Odisha for ₹16,150 crore.
At a glance
JSW Steel reported a 225.3% year-on-year increase in Q2 FY27 net profit to ₹5,279 crore, driven by higher sales volumes and record auto sector sales.
