JSW Steel's Q2 FY 2026-27 Quarterly Results

Result Summary

• JSW Steel Ltd reported a 14.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 20.9%.
• Its expenses for the quarter were up by 15.2% QoQ and 12.0% YoY.
• The net profit increased 14.1% QoQ and increased 225.6% YoY.
• The earnings per share (EPS) of JSW Steel Ltd stood at 21.59 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

JSW Steel Ltd is a prominent player in the steel manufacturing industry, known for its extensive range of steel products. The company is involved in the production and distribution of various steel products such as hot rolled coils, cold rolled coils, galvanized products, and pre-painted galvanized products. JSW Steel operates in both domestic and international markets, catering to diverse industries including construction, automotive, and engineering. As of the latest updates, the company has been focusing on expanding its production capacity and enhancing its sustainability practices to align with global environmental standards. Specific recent developments beyond these known focuses are not available from the given data.

Revenue

In Q2FY27, JSW Steel Ltd reported a total income of ₹54,927 crores, representing a 14.2% increase from the previous quarter (Q1FY27), which recorded ₹48,088 crores. Compared to the same quarter in the previous year (Q2FY26), where the total income was ₹45,436 crores, the company experienced a year-over-year growth of 20.9%. This growth trajectory reflects the company's ongoing efforts to enhance its revenue streams through increased production capacity and market penetration. The quarter-over-quarter and year-over-year growth percentages indicate robust performance in income generation.

Profitability

For Q2FY27, JSW Steel Ltd's profit before tax stood at ₹6,759 crores, marking an increase of 8.0% from Q1FY27's ₹6,258 crores. The year-over-year change was significantly higher, with an increase of 177.9% from ₹2,432 crores in Q2FY26. After accounting for taxes, the profit after tax for Q2FY27 was ₹5,359 crores, showing a 14.1% rise compared to the previous quarter's ₹4,696 crores. On a year-over-year basis, there was a notable increase of 225.6% from ₹1,646 crores. These figures depict a substantial improvement in profitability over the year, with both pre-tax and post-tax profits witnessing significant growth.

Operating Metrics

The earnings per share (EPS) for JSW Steel Ltd in Q2FY27 was ₹21.59, which is a 13.5% increase over the previous quarter's ₹19.02 and a 225.2% rise compared to Q2FY26's ₹6.64. The total expenses for the quarter were ₹48,168 crores, a 15.2% increase from Q1FY27's ₹41,830 crores and a 12.0% increase from Q2FY26's ₹43,004 crores. The tax expenses for Q2FY27 amounted to ₹1,692 crores, reflecting a 15.6% increase from Q1FY27 and a 142.4% increase from Q2FY26. These operating metrics underscore the company's financial activities, highlighting significant year-over-year growth in earnings and expenses, as well as the tax obligations borne by the company over the periods compared.