The company said it has attained a 3% year-over-year rise in consolidated crude steel production, reaching 24.65 lakh tonnes for August 2026.
This growth was mainly attributed to domestic operations, which increased by 4% to 23.87 lakh tonnes, while operations in the United States experienced an 11% decline. Here, JSW Steel USA Ohio crude steel production slipped 11% YoY, falling to 0.78 lakh tonnes.
JSW Steel August Update
Furthermore, the average capacity utilisation in India for the month was recorded at 88%
The company said that the steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of the Company, was transferred on a slump‑sale basis to JSW-JFE Steel Limited (JV company) in March 2026.
Here, the production figures relating to the transferred undertaking have been reduced from the previous year’s numbers for comparison.
Q1 Results
The company reported its Q1 results in July, in which it reported a stronger-than-expected performance for the June quarter, beating CNBC-TV18 estimates.
In the first quarter of FY27, the steelmaker posted a consolidated net profit of ₹4,696 crore for the quarter. This figure was more than double the ₹2,209 crore a year ago, comfortably ahead of the CNBC-TV18 poll estimate of ₹3,550 crore.The topline numbers also grew, with revenue from operations jumping 9.8% year-on-year to ₹47,364 crore. This surpassed analysts’ expectations of ₹46,819 crore, while EBITDA rose 24% to ₹9,383 crore, compared with the poll estimate of ₹8,398 crore.
Stock Performance of JSW Steel
The company’s shares closed in the green on Friday’s trade
The shares of JSW Steel have jumped over 1.2% on the last day of the previous week’s trade. In the past year, the shares have seen a rise of 23%, taking the stock price to ₹1,325 per share.
Shares have gained ~1.92% over the past month. The stock is trading 1.92% below the 52-week high of ₹1,351.00. Shares are trading 24.65% above the 52-week low of ₹1,063.00.
Also Read: JSW Steel Q1 Results: Record sales, higher other income aid profit growth; To take unit public
