JSW Steel registers 14% YoY growth in Q1 FY26 steel production volume

Steel production was lower by 5% QoQ primarily due to planned maintenance shutdowns of blast furnaces during the quarter.

Indian operations produced 7.02 million tonnes of steel in Q1 FY26, up 15% YoY.

The steel production of JSW Steel USA ' Ohio, however, increased by 4.34% YoY to 0.24 million tonnes during the period under review.

Capacity utilisation for Q1 FY26 at Indian operations was at 87%.

JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital.

On a consolidated basis, net profit of JSW Steel rose 15.70% to Rs 1503 crore while gross sales declined 2.86% to Rs 44341 crore in Q4 March 2025 over Q4 March 2024.

Shares of JSW Steel shed 0.23% to Rs 1,041.95 on the BSE.