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JSW Steel tripled its profit in Q2FY25, hit a steel production record, and confirmed ownership of Bhushan Power & Steel.
JSW Steel posted a 307% year-on-year increase in net profit to ₹1,646 crore in Q2FY25, driven by higher production and improved efficiency, with crude steel output reaching a record 7.90 million tonnes, up 17% annually.
Revenue from operations rose 14% year-on-year to ₹45,152 crore.
The company affirmed its ownership of Bhushan Power & Steel after the Supreme Court upheld its resolution plan.
It plans to invest ₹20,000 crore in FY26 and continues expanding green energy, including commissioning India’s first 25 MW green hydrogen plant.
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JSW Steel triplicó sus ganancias en Q2FY25, alcanzó un récord de producción de acero y confirmó la propiedad de Bhushan Power & Steel.