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JSW Steel Q2FY27 result: Net profit rises 14.1% to ₹5,359 crore

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Core Development: JSW Steel Q2FY27 result: Net profit rises 14.1% to ₹5,359 crore
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JSW Steel's raw materials cost climbed 12.5 per cent , pushing total expenses higher by 12 per cent to ₹48,168 crore.

JSW Steel on Friday posted over three-fold jump in consolidated net profit at ₹5,359 crore for September quarter FY27 buoyed by record sales.

The JSW Group entity had clocked a profit of ₹1,646 crore in the year-ago period, it said in an exchange filing. Total income increased to ₹54,927 crore from ₹45,436 crore.

During the quarter, sales of Steel were the highest ever at 7.46 million tonne (MT), up 13 per cent year-on-year and 19 per cent quarter-on-quarter.

Sales of Flats and VASP (value added steel products) were also the highest ever, up 16 per cent and 11 per cent Y-o-Y, respectively.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
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