JSW Steel’s Q1 crude steel output up 14% to 7.26 MT despite planned shutdowns
Published on 08/07/2025 05:52 PM
JSW Steel’s Q1 crude steel output up 14% to 7.26 MT despite planned shutdownsThe company's Indian operations contributed 7.02 million tonne, marking a 15% increase from the same quarter last year. However, production declined 5% sequentially, primarily due to planned maintenance shutdowns of blast furnaces. Shares of JSW Steel Ltd ended at ₹1,045.05, up by ₹2.35, or 0.23%, on the BSE.By Jomy Jos Pullokaran July 8, 2025, 5:52:25 PM IST (Published)2 Min ReadSajjan Jindal-led JSW Steel Ltd on Tuesday (July 8) reported a 14% year-on-year rise in consolidated crude steel production to 7.26 million tonne for the first quarter of FY26.
The company's Indian operations contributed 7.02 million tonne, marking a 15% increase from the same quarter last year. However, production declined 5% sequentially, primarily due to planned maintenance shutdowns of blast furnaces.
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JSW Steel stated that all furnaces have since resumed operations and are running at optimal levels. Capacity utilisation at its Indian facilities stood at 87% for the quarter. The company noted that the temporary reduction in output was anticipated and part of its scheduled maintenance strategy.
Fourth Quarter Results
JSW Steel reported a nearly 14% year-on-year rise in its consolidated net profit at ₹1,501 crore in the March quarter of the last fiscal. The same was ₹1,322 crore in the last year's quarter. The profit figure was higher than the CNBC-TV18 poll of ₹1,470 crore.
Revenue from operations for the reporting quarter declined 3% year-on-year to ₹44,819 crore, compared to ₹46,269 crore in the corresponding period of last year. The top line was slightly lower than the CNBC-TV18 poll of ₹44,975 crore.
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The steel major reported an operating EBITDA of ₹6,378 crore during the January-March 2025 period, with EBITDA margins coming in at 14.2%. Both were lower than CNBC-TV18 estimates.
Shares of JSW Steel Ltd ended at ₹1,045.05, up by ₹2.35, or 0.23%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsJSW Steelshare market today