JSW Steel Q2 profit jumps four-fold; market cheers at close
JSW Steel delivered a blockbuster Q2 with consolidated net profit at ₹16,230 crore, up nearly four times from ~₹4,390 crore a year ago. Strong volume growth (~20%) and robust domestic demand powered the performance, with capacity utilisation touching ~92%. Its adjusted EBITDA margin widened to 17.4%. The stock rallied into the close, helping the steel index outperform amid broader strength. Many analysts see this as a signal of cyclical recovery in metals ahead of more Q2 results.
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2 days ago
JSW Steel Q2 profit jumps four-fold; market cheers at close
JSW Steel delivered a blockbuster Q2 with consolidated net profit at ₹16,230 crore, up nearly four times from ~₹4,390 crore a year ago. Strong volume growth (~20%) and robust domestic demand powered the performance, with capacity utilisation touching ~92%. Its adjusted EBITDA margin widened to 17.4%. The stock rallied into the close, helping the steel index outperform amid broader strength. Many analysts see this as a signal of cyclical recovery in metals ahead of more Q2 results.
positive
JSW Steel Q2 profit jumps four-fold; market cheers at close
2 days ago
1 min read
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JSW Steel posts 4x Q2 profit surge; investors rally into the close on cyclicals uptrend.
JSW Steel delivered a blockbuster Q2 with consolidated net profit at ₹16,230 crore, up nearly four times from ~₹4,390 crore a year ago. Strong volume growth (~20%) and robust domestic demand powered the performance, with capacity utilisation touching ~92%. Its adjusted EBITDA margin widened to 17.4%. The stock rallied into the close, helping the steel index outperform amid broader strength. Many analysts see this as a signal of cyclical recovery in metals ahead of more Q2 results.
JSW Steel delivered a blockbuster Q2 with consolidated net profit at ₹16,230 crore, up nearly four times from ~₹4,390 crore a year ago. Strong volume growth (~20%) and robust domestic demand powered the performance, with capacity utilisation touching ~92%. Its adjusted EBITDA margin widened to 17.4%. The stock rallied into the close, helping the steel index outperform amid broader strength. Many analysts see this as a signal of cyclical recovery in metals ahead of more Q2 results.
Companies:
JSW Steel
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Source:
Oct 17, 2025 • 10:30 IST
JSW Steel Q2 profit jumps four-fold; market cheers at close | Discvr Financial News | discvr.ai