JSW Steel registers 14% YoY growth in Q1 FY26 steel production volume
JSW Steel has recorded consolidated steel production of 7.26 million tonnes in Q1 FY26, up 14% as compared with production volume of 6.35 million tonnes reported in Q1 FY25.
Steel production was lower by 5% QoQ primarily due to planned maintenance shutdowns of blast furnaces during the quarter.
Indian operations produced 7.02 million tonnes of steel in Q1 FY26, up 15% YoY.
The steel production of JSW Steel USA Ohio, however, increased by 4.34% YoY to 0.24 million tonnes during the period under review.
Capacity utilisation for Q1 FY26 at Indian operations was at 87%.
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JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. As one of Indias leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital.
On a consolidated basis, net profit of JSW Steel rose 15.70% to Rs 1503 crore while gross sales declined 2.86% to Rs 44341 crore in Q4 March 2025 over Q4 March 2024.
Shares of JSW Steel shed 0.23% to Rs 1,041.95 on the BSE.
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First Published: Jul 09 2025 | 10:53 AM IST