JSW Steel Reports Q2 FY26 Financial Results: Crude Steel Production Hits Record 7.90 Million Tonnes

JSW Steel Limited has reported its financial results for the second quarter ended 30 September 2025 (Q2 FY26). The company's consolidated performance includes a 17% YoY increase in crude steel production to 7.90 million tonnes, a 20% YoY rise in saleable steel sales to 7.34 million tonnes, and a 39% YoY growth in adjusted EBITDA to INR 7,849 crores. The company's net profit after tax stands at INR 1,646 crores, with a net debt to equity ratio of 0.93x and a net debt to EBITDA ratio of 2.97x. The Indian operations registered a revenue from operations of INR 242,149 crores, with an adjusted operating EBITDA of INR 7,614 crores. The standalone performance shows a 1% YoY increase in crude steel production and a 10% YoY rise in steel sales. The company's subsidiaries, Bhushan Power & Steel Ltd (BPSL) and JSW Vijayanagar Metallics Ltd (JVML), also reported their performance for the quarter.