JSW Steel Q1FY26 net profit surges 155% YoY to Rs 2,209 cr on strong pricing, lower costs
Mumbai: JSW Steel posted a consolidated net profit of Rs 2,209 crore for the quarter ended June 30, 2025, marking a sharp 155% jump from the same period last year and a 47% increase over the preceding March quarter, Moneycontrol reported.
The JSW Group’s flagship attributed the earnings boost to stronger steel prices during the quarter, aided by the Centre’s safeguard duties on certain steel imports, and continued improvement in cost efficiencies.
Consolidated revenue stood at Rs 43,147 crore, up slightly year-on-year, but down from Rs 44,819 crore reported in Q4FY25.
Capacity utilisation dropped to 87% from 93% in the March quarter due to scheduled maintenance shutdowns.
Nevertheless, overall production rose to 7.26 million tonnes (MT), up from 6.35 MT a year ago.
At the group level, steel sales reached 6.69 MT, compared to 6.12 MT in the same quarter last year.
In India, sales rose to 6.43 MT from 5.90 MT year-on-year.
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