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JSW Steel Q2 profit rises 14% to Rs 5,359 crore on record output

23 hours ago

Revenue grew 15% sequentially, with record domestic sales of 6.29 million tonnes.

JSW Steel reported consolidated net profit of Rs 5,359 crore for the September quarter, up 14 per cent from Rs 4,696 crore in the previous quarter.

Revenue from operations rose 15 per cent sequentially to Rs 54,486 crore, while EBITDA increased 8 per cent to Rs 10,120 crore.

The company recorded its highest-ever quarterly crude steel production and saleable steel sales. Domestic sales from its India operations reached a record 6.29 million tonnes.

The results come as Indian steelmakers navigate rising imports and volatile prices.

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