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JSW Steel Q2 Production Rises 5% to 7.27 MT with India Capacity Utilisation at 88%
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CNBC TV18•08-10-2026, 17:29
JSW Steel Q2 Production Rises 5% to 7.27 MT with India Capacity Utilisation at 88%
- •JSW Steel reported a 5% year-on-year increase in consolidated crude steel production to 7.27 million tonnes for Q2 FY27.
- •Production from Indian operations reached 7.07 MT, representing a 5% YoY and 11% sequential growth.
- •Capacity utilisation of Indian operations stood at 88% in Q2, improving to around 90% in September as the BF3 blast furnace at Vijayanagar ramped up.
- •For H1 FY27, total consolidated crude steel production rose 4% year-on-year to reach 13.86 MT.
- •Company shares ended 4.5% lower at 1,175.2 rupees ahead of the business update.
Key Questions Answered
JSW Steel reported a 5% year-on-year increase in consolidated crude steel production, reaching 7.27 million tonnes for the second quarter of FY27.
Production from Indian operations stood at 7.07 million tonnes, reflecting a 5% year-on-year and 11% quarter-on-quarter increase, with a capacity utilisation rate of 88% for the quarter.
Shares of JSW Steel ended 4.5% lower at ₹1,175.2 ahead of the business update on Thursday, making it one of the top Nifty losers for the day.
