JSW Steel reports 3% jump in crude steel production to 24.65 lakh tonnes in Aug; key details to know

The company saw its consolidated crude steel production rising 3% year-on-year (YoY) to stand at 24.65 lakh tonnes in August 2026, compared with a production of 23.82 lakh tonnes in the same month of the preceding year.

According to a regulatory filing dated Saturday, September 5, JSW Steel said that its capacity utilisation for its Indian operations stood at 88% in August of the current calendar year.

Furthermore, the JSW group company’s crude steel production for its Indian operations advanced 4% YoY to 23.87 lakh tonnes during the month under review, as against 22.95 lakh tonnes in August 2025.

However, at JSW Steel USA – Ohio, the firm recorded crude steel production of 0.78 lakh tonnes in August 2026, marking an 11% YoY decline from 0.88 lakh tonnes in the year-ago period.

JSW Steel Q1 results

JSW Steel, saw its net profit more than double to ₹4,651 crore in April-June quarter of the 2026-27 financial year (Q1 FY27), compared with ₹2,184 crore in the same period last year.

The Mumbai-based company's total revenue from operations advanced 10% year-on-year (YoY) to ₹47,364 crore in the first quarter of current financial year from ₹43,147 crore in the year-ago period.

JSW Steel reported strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at ₹9,383 crore at the end of June quarter, up 24% from ₹7,576 crore in the corresponding period last financial year.

Its EBITDA margin improved by 230 basis points to 19.81%.

JSW Steel stock performance

Shares of JSW Steel closed 1.30% higher at ₹1,325 per unit on the National Stock Exchange (NSE) on Friday, September 4. However, the monthly update was reported on Saturday.

The scrip has lost nearly 1% in the past week but gained 2% over the month. On a year-to-date (YTD) basis, it has surged 13%.

While the stock hit a 52-week high of ₹1,351 per equity share on August 27, 2026, it touched a year’s low of ₹1,040 apiece on September 3, 2025.

JSW Steel has a total market capitalisation of ₹3.24 lakh crore as of September 6, 2026, according to data on the NSE.