Jindal Steel Q2 net profit rises 21% to ₹771 cr on higher sales volumes
Jindal Steel reported a 21% rise in Q2FY27 net profit to ₹771 crore, supported by higher sales volumes, while total income grew 26% to ₹15,289 crore.
JSW Steel reported a decline in its Q2 FY27 results on October 23, 2026, as record volumes led to a surge in profits and a reduction in debt. The Indian steelmaker disclosed a consolidated revenue of ₹54,486 crore and a net profit of ₹5,359 crore for the quarter, although its shares dropped by 2.83% to $1,185.5. Investors were concerned about the lower steel realizations and increasing input costs, despite a robust domestic steel demand growth in India, which the company anticipates to surpass global markets within the next decade.
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