JSW Steel Q2 Results: Net Profit Sees 4-Fold Jump To Rs 1,623 Crore, Revenue Rises 14% | Business News

JSW Steel Q2 Results.

JSW Steel Q2 Results: JSW Steel on Friday reported a fourfold jump in its net profit to Rs 1,623 crore for the second quarter of the current financial year 2025-26. Its revenue from operations during July-September 2025 rose 14 per cent to Rs 45,152 crore, compared with Rs 39,684 crore in the year-ago period.

Its net profit had stood at Rs 439 crore in the corresponding period last year.

However, sequentially, JSW Steel’s net profit declined around 26 per cent from the Rs 2,184 crore net profit reported in Q1 FY26.

Its total expenses in Q2 FY26 increased over 11 per cent YoY to Rs 43,004 crore.

JSW Steel also announced that its board has approved the plan to consolidate all business operation into a single holding in the US held under JSW Steel (Netherlands) B.V., subject to regulatory and other approvals. This restructuring will optimize financial and operational outcomes, the firm said.

“The Company has established its footprint in the US steel manufacturing sector through investments in multiple entities under Peria ma Holdings LLC (Peria ma) and Acero Junction Holdings Inc. (Acero). The Baytown operations comprising of the Plate & Pipe mills at Baytown, Texas along with certain coking coal assets in West Virginia, are held through Periama, which is a wholly owned subsidiary of JSW Steel (Netherlands) B.V. (JSW Netherland). The Ohio steel manufacturing operations are housed under Acero,” it added.

The board also approved plan to merge its wholly owned subsidiaries Amba River Coke Limited, Monnet Cement Limited and JSW Retail and Distribution Limited with itself. “The merger will bring operational efficiency as there are synergistic linkages between these companies,” the company said.