JSW Steel posts record Q2 volumes, higher profit and lower leverage
According to TradingView, JSW Steel reported record Q2 FY27 volumes, revenue up 31% YoY and net profit of ₹5,359 crore, while cutting debt.
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what happened
According to TradingView, India-based steelmaker JSW Steel recorded record consolidated production and sales in the second quarter of FY27. Revenue rose 31% year on year, and net profit reached ₹5,359 crore.
Net debt fell to ₹44,482 crore as the company reduced its borrowings. Full-year FY27 guidance was kept unchanged, with volume at 29.75mt and 28.6mt and capital expenditure of ₹22,000–24,000 crore.
why it matters
For investors, the combination of higher revenue and profit, lower leverage and unchanged guidance supports the case for growth in FY27. The news concerns a single company, so its effect on the broader market is limited.
market impact
JSW Steel shares and India's steel sector: strong results and lower debt support investor interest
tags
instruments
sources
- JSWSTEEL: Record Q2 volumes, higher profit and lower leverage underpin FY27 growth plans — TradingView, 23 October 2026 at 10:20 UTC
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