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JSW Steel Ltd Industry :  Steel - Large
BSE Code
500228
ISIN Demat
INE019A01038
Book Value (Rs)
340.9409727
NSE Symbol
JSWSTEEL
Divident Yield %
0.27
Market Cap
(Rs In Cr.)
311,759
P/E (TTM)
43.26
EPS (TTM)
29.47
Face Value
(Rs)
1
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JSW Steel slides as April 2026 crude steel production declines 1% YoY
12-May-26   Hrs IST

The company’s Indian operations produced 20.40 lakh tonnes during the month, down 1% from 20.56 lakh tonnes in the corresponding period last year. Its US Ohio unit contributed 0.78 lakh tonnes, marking a 7% YoY decline from 0.84 lakh tonnes.

The company said that Blast Furnace 3 (BF3) at Vijayanagar is currently shut down for capacity upgradation, impacting crude steel production at the Indian operations level. However, excluding BF3 production from last year’s base, production growth was around 10%, driven by the full ramp-up of JVML operations. Capacity utilisation at Indian operations for the month stood at approximately 94%, excluding BF3 capacity, and 83%, including BF3 capacity.

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.

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