JSW Steel on Friday said its consolidated net profit more than doubled to Rs 4,696 crore in the quarter ended June 30, supported by increase in revenues.It had clocked a net profit of Rs 2,209 crore in the first quarter of preceding 2025-26 financial year, the steel maker said in an exchange filing.During Q1 FY27, total income rose to Rs 48,088 crore from Rs 43,497 crore in the same quarter a year ago.Expenses stood at Rs 41,830 crore as against Rs 40,325 crore.JSW Steel's crude steel output increased 3 per cent to 6.59 million tonne in June quarter FY27 from 6.38 MT in April-June FY26.During the first quarter, the company also commenced the construction of a 2 million tonne per annum steel plant in Andhra Pradesh at an investment of over Rs 16,350 crore.Part of JSW Group, JSW Steel is among India's leading six steel making players.
JSW Steel Q1 Results: Net profit doubles to Rs 4,696 crore
JSW Steel has showcased impressive financial growth in the first quarter of the fiscal year, with its net profit skyrocketing to Rs 4,696 crore, a significant climb compared to previous figures. Total income surged to Rs 48,088 crore, a rise from Rs 43,497 crore last year. Additionally, crude steel production grew by three percent in the June quarter, as the company initiated a new steel plant project in Andhra Pradesh.
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