From Financialexpress · FE Business · · 40s
JSW Steel Q2 Results: Profit Surges 300%
JSW Steel's Q2 profit jumps 300% as revenue grows 21%.
In brief
JSW Steel's Q2 profit jumps 300% as revenue grows 21%. JSW Steel reported a 300% net profit increase to Rs 5,539 crore and 21% revenue growth in Q2 FY27. Originally reported by Financialexpress.
JSW Steel Q2 Profit
JSW Steel reported a threefold jump in Q2 FY27 net profit to Rs 5,539 crore.
Revenue Growth
Revenue rose 21% year-on-year to Rs 54,486 crore, up 15% sequentially.
UAE Subsidiary Plan
JSW Steel plans to create a wholly owned subsidiary in the UAE for steel and mining.
Share Price Drop
Shares fell 3% on October 23, down 7% in the past month.
What it means
JSW Steel reported a 300% net profit increase to Rs 5,539 crore and 21% revenue growth in Q2 FY27.
