JSW Steel Ltd

The company's Indian operations produced 29.25 MT, up from 26.98 MT, while its US Ohio unit contributed 0.83 MT. For Q4FY26, consolidated crude steel production stood at 7.43 MT, down 1% from the previous quarter and 3% lower than Q4FY25. Production from Indian operations increased 1% quarter-on-quarter to 7.34 MT but declined 1% year-on-year. Capacity utilization for Indian operations, including the ongoing Vijayanagar blast furnace-3 (BF-3) upgrade, was approximately 87% for the quarter and around 96% excluding BF-3 capacity. JSW Steel's Salem unit underwent an upgrade with a new ladle furnace and vacuum degasser commissioned in February 2026, raising capacity from one MTPA to 1.15 MTPA. The Vijayanagar BF-3 shutdown, effective since September 2025, impacted production and utilization during FY26. The company also incorporated production from JSW Sambalpur Steel, formed via a slump sale of Bhushan Power and Steel Ltd's steel business undertaking on March 27, 2026, as part of a joint venture with JFE Steel, Japan. JSW Steel is the flagship business of the diversified, US$23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defense, sports, and venture capital. The company's consolidated net profit zoomed 198.32% to Rs 2,139 crore in Q3 FY26, compared with Rs 717 crore in the corresponding period last year. Revenue from operations rose 11.14% year-on-year to Rs 45,991 crore in the quarter ended 31 December 2025. Shares of JSW Steel rose 0.49% to Rs 1,215.70 on the BSE.

JSW Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 1207.5, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 23807.15. The Sensex is at 76773.35, down 1.02%. JSW Steel Ltd has dropped around 0.56% in last one month. Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has dropped around 2.82% in last one month and is currently quoting at 12078.95, up 1.03% on the day. The volume in the stock stood at 15.67 lakh shares today, compared to the daily average of 21.84 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 1216.5, up 1.64% on the day. JSW Steel Ltd is up 21.94% in last one year as compared to a 4.29% spurt in NIFTY and a 49.4% spurt in the Nifty Metal index.The PE of the stock is 40.52 based on TTM earnings ending December 25.

JSW Steel announced that JFE Steel Corporation (JFE) has invested Rs. 7,875 crore, being the first tranche of JFE's investment in JSW Kalinga Steel (JSW Kalinga) and 2,26,94,524 equity shares of JSW Kalinga have been allotted to JFE today (i.e. 30 March 2026), resulting in JFE holding 25% shareholding on a fully diluted basis in JSW Kalinga. Consequent to the aforesaid allotment and changes to board composition of JSW Kalinga in terms of the Joint Venture Agreement dated 03 December 2025 (JVA), the Company and JFE have today established joint control over JSW Kalinga and its wholly owned subsidiary - JSW Sambalpur Steel. The acquisition of further 25% stake (on a fully diluted basis) in JSW Kalinga by JFE for Rs. 7,875 crore, would be completed in accordance with the JVA.Powered by Capital Market - Live

JSW Steel announced the completion of transfer of steel business undertaking of Bhushan Power & Steel, by way of slump sale on a going concern basis, to JSW Sambalpur Steel on 27 March 2026. Powered by Capital Market - Live

JSW Steel will hold a meeting of the Board of Directors of the Company on 14 May 2026.Powered by Capital Market - Live

JSW Steel Ltd rose for a third straight session today. The stock is quoting at Rs 1179.9, up 1.09% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 23785.75. The Sensex is at 76784.54, up 0.94%. JSW Steel Ltd has dropped around 3.95% in last one month. Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has dropped around 1.74% in last one month and is currently quoting at 11637.35, down 0.01% on the day. The volume in the stock stood at 6.62 lakh shares today, compared to the daily average of 15.6 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 1176.5, up 0.83% on the day. JSW Steel Ltd is up 14.18% in last one year as compared to a 3.83% gain in NIFTY and a 27.19% gain in the Nifty Metal index.The PE of the stock is 39.6 based on TTM earnings ending December 25.Powered by Capital Market - Live

JSW Steel announced its coking coal mining project, Minas de Revubo' (MdR), located in the Moatize coal basin, Tete Province, Mozambique. The MdR project, located in the Moatize coal basin of the Tete Province, Mozambique, grants JSW Steel access to substantial reserves of premium hard coking coal which is a key raw material in steelmaking. MdR has 850 mt of reserves, and the potential to yield 250 mt of usable coking coal. JSW Steel will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 mtpa prime hard coking coal. MdR is located approximately 10 km north of Tete city, 450 km north of Beira Port, and 900 km south-west of Nacala Port - a logistical advantage that positions it as one of the most favourably situated coking coal assets globally for supply to Indian steel plants. This project represents a transformative step in JSW Steel's backward integration strategy and is expected to provide long-term supply assurance for one of the most critical and cost-intensive inputs in steel manufacturing. India's domestic premium coking coal resources remain limited, making captive overseas sourcing a strategic imperative. Through the MdR project, JSW Steel is expecting to mitigate exposure to coking coal price volatility and optimise its cost structure over the long term. Parth Jindal, JSW Group said, 'JSW Steel is pleased to announce the Minas de Revubo' project in Mozambique. This project marks a pivotal milestone in securing premium hard coking coal reserves in Africa, strategically positioned close to India for cost optimization. As we grow to 50 mtpa steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal prices, while fueling our sustainable growth vision.'Powered by Capital Market - Live

The project is located in the Moatize coal basin in Tete Province and provides access to around 850 million tonnes of coal reserves, with the potential to yield about 250 million tonnes of usable premium hard coking coal, a key input in steelmaking. JSW Steel said the mine will be developed in phases, with the first phase expected to be completed over the next 2.5 years and designed to produce about 2.4 million tonnes per annum (mtpa) of prime hard coking coal. The company said the project is part of its backward integration strategy aimed at reducing exposure to volatility in global coking coal prices and strengthening supply security as it expands steelmaking capacity. Located about 10 km north of Tete city, the project benefits from proximity to key ports including Beira and Nacala, providing logistical advantages for supplying coal to steel plants in India. JSW Steel said securing access to premium coking coal is critical for supporting its long-term growth plans and improving cost efficiencies while also contributing to its sustainability goals by enabling more efficient steel production. Parth Jindal, JSW Group said, JSW Steel is pleased to announce the Minas de Revubo' project in Mozambique. This project marks a pivotal milestone in securing premium hard coking coal reserves in Africa, strategically positioned close to India for cost optimization. As we grow to 50 mtpa steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal prices, while fueling our sustainable growth vision. JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital. The company's consolidated net profit zoomed 198.32% to Rs 2,139 crore in Q3 FY26, compared with Rs 717 crore in the corresponding period last year. Revenue from operations rose 11.14% year-on-year to Rs 45,991 crore in the quarter ended 31 December 2025. Shares of JSW Steel fell 4.57% to Rs 1119.05 on 13 March 2026. Powered by Capital Market - Live

The company said that Blast Furnace 3 (BF3) at Vijayanagar has been undergoing a shutdown for capacity upgradation since September 2025, impacting domestic crude steel output and resulting in a 1% YoY decline for Indian operations. Excluding BF3, production volumes grew about 8% YoY, driven by the full ramp-up at JVML operations. Capacity utilization for Indian operations stood at 97% excluding BF3 and 88% including BF3. At JSW Steel USA ' Ohio, production was lower due to the ramp-up following caster upgrades in January 2026 and extreme winter weather, resulting in a 20% YoY decline. Overall, Indian operations contributed 23.06 lakh tonnes, Ohio operations 0.60 lakh tonnes, resulting in consolidated output of 23.66 lakh tonnes for the month. JSW Steel is the flagship business of the diversified, US$ 23 billion JSW Group. As one of India's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence, sports, and venture capital. The company's consolidated net profit zoomed 198.32% to Rs 2,139 crore in Q3 FY26, compared with Rs 717 crore in the corresponding period last year. Revenue from operations rose 11.14% year-on-year to Rs 45,991 crore in the quarter ended 31 December 2025. Shares of JSW Steel rose 0.67% to Rs 1,201.05 on the BSE. Powered by Capital Market - Live

JSW Steel reported consolidated Crude Steel production for the month of February'26 at 23.66 lakh tonnes. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgradation of capacity since September 2025, impacting Crude Steel production at Indian operations level, resulting -1% YoY during February'26. Excluding BF3 production from last year's base, YoY volumes grew ~8% driven by full ramp-up of JVML operations. The capacity utilisation for Indian operations for the month excluding BF3 capacity was at ~97% and including BF3 capacity was at 88%. Production at USA Ohio operations was lower due to ramping up of operations after caster upgrades in January 2026 and extreme weather conditions due to winter storm.  The break-up of production is as below: (lakh tonnes) Particulars  Feb-26 Feb-25 % Change  Indian Operations  23.06 23.32 -1% JSW Steel USA - Ohio  0.6 0.75 -20% Consolidated Production  23.66 24.07 -2%Powered by Capital Market - Live