# JSW Steel Profit Triples, Beats Estimates

> JSW Steel's Q2 profit triples as strong demand boosts earnings beyond analyst forecasts.
- Title: JSW Steel Profit Triples, Beats Estimates · mint | Shortify
- Summary: JSW Steel's Q2 profit triples as strong demand boosts earnings beyond analyst forecasts. JSW Steel reported ₹5,279 crore Q2FY27 profit, more than tripling…
- Keywords: jsw steel, fy27, profit, consolidated net profit, steel prices, demand, analyst estimates, capex, mtpa, iron ore, news, india
- Source: mint — https://livemint.com/companies/company-results/jsw-steel-profit-more-than-triples-on-strong-demand-beats-street-estimates-11792764827881.html
- Author: Dipali Banka
- Published: 2026-10-23T16:34:32+00:00
- Read time: 1 min
- Topics: jsw steel, fy27, profit, consolidated net profit, steel prices, demand, analyst estimates, capex, mtpa, iron ore, news, india
## JSW Steel Q2 Profit
JSW Steel reported a consolidated net profit of ₹5,279 crore for Q2FY27, up from ₹1,623 crore a year earlier.
## Beat Street Estimates
The profit exceeded the ₹4,349-crore average estimate of 19 analysts polled by Bloomberg.
## CEO Outlook
CEO Jayant Acharya highlighted strong industrial activity, exports and automotive demand despite global headwinds.
## Key Risks
Elevated energy prices and inflationary pressures from uneven monsoon were flagged as key risks.
## Revenue Growth
The company reported a 21% year-on-year rise in consolidated revenue to ₹53,697 crore.
## Price Strategy
JSW Steel expects steel prices to increase sufficiently to absorb additional expenses and improve margins.
## Capex Expansion
The board approved Phase II of 5 MTPA expansion at JSW Utkal Steel facility in Odisha with ₹16,150 crore capital outlay.
## Raw Material Security
JSW Steel approved an 8 MTPA pellet plant to reduce iron ore reliance and expand coking coal mine in Mozambique.
## Key takeaway

JSW Steel reported ₹5,279 crore Q2FY27 profit, more than tripling from previous year and exceeding ₹4,349 crore analyst estimates.