JSW Steel Q2 FY27 slides: record volumes drive profit surge, debt falls
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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Also reported by 1 other outlet
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