JSW Steel Ltd

JSW Steel reported consolidated Crude Steel production for the month of August 2025 at 27.03 Lakh tonnes. The total Crude Steel production was higher by 17% YoY. JVML, a wholly owned subsidiary of the Company, commissioned the second Converter on 30 August 2025 making the overall Indian operations crude steel capacity at 34.2 MTPA fully operational. Capacity utilisation at Indian Operations stood at 95% for August 2025. The break-up of production is as below: (Lakh Tonnes) Particulars  Aug-25 Aug-24 % Change  Indian Operations  26.15 22.49 16% JSW Steel USA - Ohio  0.88 0.67   Consolidated Production  27.03 23.16 17%Powered by Capital Market - Live

JSW Steel Ltd gained for a third straight session today. The stock is quoting at Rs 1074.9, up 2.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24615.6. The Sensex is at 80252.95, up 0.12%. JSW Steel Ltd has risen around 1.8% in last one month. Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has risen around 3.34% in last one month and is currently quoting at 9384.35, up 2.71% on the day. The volume in the stock stood at 19.62 lakh shares today, compared to the daily average of 15.9 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1077.5, up 2.86% on the day. JSW Steel Ltd is up 15.2% in last one year as compared to a 2.31% drop in NIFTY and a 4.94% drop in the Nifty Metal index.The PE of the stock is 33.29 based on TTM earnings ending June 25.Powered by Capital Market - Live

The auction, conducted by the Ministry of Coal on 30 July 2025, saw the company's highest final offer at 31.50% of the average monthly coal prices, as per the National Coal Index (NCI) published by the Ministry. The company will take all requisite steps as per the tender document to obtain Letter of Intent, all statutory clearances, execute Coal Mine Development and Production Agreement (CMDPA) and start the mining operations. The company stated that the delay in disclosure was due to delayed communication from its subsidiary. 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 reported a 158.46% year-on-year (YoY) increase in consolidated net profit to Rs 2,209 crore for the quarter ended 30 June 2025, compared to Rs 867 crore in the corresponding period last year. Revenue from operation rose 0.47% year on year to Rs 43,147 crore in the quarter ended 30 June 2025. The scrip shed 0.06% to Rs 1,081.90 on the BSE. Powered by Capital Market - Live

The agreement signifies a major step toward strengthening strategic ties between the two leading global steelmakers. This HoA builds on the Memorandum of Understanding (MoU) signed by both parties in October 2024 and outlines the broad framework for the proposed 50:50 joint venture. As part of the next steps, JSW and POSCO will undertake a detailed feasibility study to finalize the plant's location, investment terms, resource availability, and other critical factors. Given its natural resource base and logistical advantages, Odisha is among the key locations being considered. Jayant Acharya, Joint Managing Director & CEO, JSW Steel, said, 'This partnership brings together JSW's proven execution capabilities and strong domestic footprint with POSCO's technological leadership in steelmaking. The proposed venture aligns with India's vision of Atmanirbhar Bharat and will help create a globally competitive manufacturing hub to serve both domestic and export markets.' Lee Ju-tae, Representative Director and President, POSCO Holdings, added, 'India is central to the future of global steel demand. Our collaboration with JSW is based on mutual trust and a shared long-term vision. This initiative represents our commitment to supporting India's industrial growth while creating long-term value for both organizations. 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 reported a 158.46% year-on-year (YoY) increase in consolidated net profit to Rs 2,209 crore for the quarter ended 30 June 2025, compared to Rs 867 crore in the corresponding period last year. Revenue from operation rose 0.47% year on year to Rs 43,147 crore in the quarter ended 30 June 2025. Powered by Capital Market - Live

JSW Steel and South Korea's POSCO Group, a global leader in steel production, have signed a non-binding Heads of Agreement (HoA) to jointly explore setting up a 6 million tonnes per annum (MTPA) integrated steel plant in India. The agreement marks a significant step toward deepening strategic collaboration between two of the world's most respected steel companies. This HoA builds on the Memorandum of Understanding (MoU) signed by both parties in October 2024 and outlines the broad framework for the proposed 50:50 joint venture. As part of the next steps, JSW and POSCO will undertake a detailed feasibility study to finalize the plant's location, investment terms, resource availability, and other critical factors. Given its natural resource base and logistical advantages, Odisha is among the key locations being considered. Powered by Capital Market - Live

JSW Steel reported consolidated Crude Steel production for the month of July'25 at 26.23 lakh tonnes. The total Crude Steel production was higher by 19% YoY. Capacity utilisation at Indian Operations stood at 92.5% for July'25. The break-up of production is as below: (Lakh Tonnes) Particulars  Jul-25 Jul-24 % Change  Indian Operations  25.52 21.4 19% JSW Steel USA - Ohio  0.72 0.75   Consolidated Production  26.24 22.15 19%Powered by Capital Market - Live

JSW Steel in strategic collaboration with its Japanese partner JFE Steel Corporation, today announced a significant expansion of manufacturing capacity for grain-oriented electrical steel (GOES) through their joint ventures - JSW JFE Electrical Steel at Vijayanagar, Karnataka, and JSW JFE Electrical Steel Nashik, Maharashtra. The two partners will jointly invest approximately Rs 5,845 crore towards this expansion. Key Highlights of the Expansion Plan: ' Vijayanagar Plant (Karnataka): Capacity to be increased to 100,000 tons per annum from the earlier plan of 62,000 tons per annum. Scheduled for commissioning by FY2028. ' Nashik Plant (Maharashtra): Production capacity to expand five-fold to 250,000 tons per annum for phased commissioning from FY2028. ' Strategic Outcome: Strengthens JSW JFE's position as India's leading integrated GOES producer This capital investment along with the previously announced investments at Vijayanagar facility and the acquisition of the Nashik facility would take the overall investments to Rs 15,560 crore.Powered by Capital Market - Live

The manufacturing pact would be executed through their joint venture (JV) entities, viz. JSW JFE Electrical Steel at Vijayanagar, Karnataka, and JSW JFE Electrical Steel Nashik, Maharashtra. The capacity of the Karnataka plant would be increased to 100,000 tons per annum (TPA) from the earlier plan of 62,000 tons per annum. It is scheduled for commissioning by FY2028. The production capacity of the Maharashtra-based plant would be expanded five-fold to 250,000 tons per annum and it is for phased commissioning from FY2028. The two partners will jointly invest approximately Rs 5,845 crore towards this expansion. This capital investment along with the previously announced investments at Vijayanagar facility and the acquisition of the Nashik facility would take the overall investments to Rs 15,560 crore. JSW Steel stated that this expansion aims to address the rapidly growing domestic demand for high-efficiency electrical steel, especially in the renewable energy, energy transition for decarbonization, e-mobility, AI data center, etc. Jayant Acharya, joint managing director & CEO, JSW Steel, said: 'India's green energy transformation, decarbonization and digital infrastructure development are triggering large demand for high-grade electrical steel. Our GOES investment is a critical step in enabling import substitution, supporting India's energy transition goals, and delivering high-efficiency electrical steel solutions to the domestic and global markets. 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 reported a 158.46% year-on-year (YoY) increase in consolidated net profit to Rs 2,209 crore for the quarter ended 30 June 2025, compared to Rs 867 crore in the corresponding period last year. Revenue from operation rose 0.47% year on year to Rs 43,147 crore in the quarter ended 30 June 2025. Powered by Capital Market - Live

JSW Steel announced that Haigreve Khaitan (DIN 00005290), has completed his second term of 5 years as an Independent Director of the Company on 22 July 2025 and consequently has concluded his term as an Independent Director of the Company.Powered by Capital Market - Live

Net profit of JSW Steel rose 158.46% to Rs 2184.00 crore in the quarter ended June 2025 as against Rs 845.00 crore during the previous quarter ended June 2024. Sales rose 0.29% to Rs 42460.00 crore in the quarter ended June 2025 as against Rs 42337.00 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales42460.0042337.00 0 OPM %17.6112.99 - PBDT5609.003589.00 56 PBT3072.001380.00 123 NP2184.00845.00 158 Powered by Capital Market - Live