India’s JSW Steel Limited achieved a consolidated net profit of INR46.96 billion ($487.22 million) in the first quarter (April-June) of the fiscal year 2026-27, up 113 percent compared to the corresponding quarter of the previous fiscal year, according to a company statement issued on Friday, July 17.
The company reported total revenue of INR 473.64 billion ($4.92 billion) for the quarter, up 9.8 percent year on year.
JSW Steel’s crude steel output increased by three percent year on year to 6.59 million mt during the quarter, compared to 6.38 million mt in the corresponding quarter of the previous fiscal year.