According to reports from CNBC TV18 and Business Standard, JSW Steel reported a 5% year-on-year increase in consolidated crude steel production to 72.7 lakh tonnes (7.27 million tonnes) in Q2 FY27, while production rose 10% sequentially. The company's Indian operations contributed 70.7 lakh tonnes, up 11% QoQ and 5% YoY from 6.35 MT in Q1 FY27. Production at JSW Steel USA – Ohio stood at 2 lakh tonnes during the quarter. As per Business Standard, the company's crude steel output was 6.95 MT in the year-ago period, indicating steady growth momentum.
As reported by CNBC TV18 and Business Standard, the capacity utilisation of Indian operations was 88% in Q2 FY27. For September 2026, utilisation improved to around 90% as the BF3 blast furnace at Vijayanagar gradually ramped up following a shutdown for capacity upgradation. The company noted that year-ago production figures have been adjusted for comparison following the transfer of the steel business undertaking of Bhushan Power and Steel to JSW-JFE Steel in March 2026.
According to CNBC TV18 and Business Standard, for the first half of FY27, consolidated crude steel production stood at 13.86 MT, up 4% YoY from 13.32 MT in the corresponding period last year. Indian operations contributed 13.41 MT, a 4% YoY increase. The company's performance reflects steady operational growth across its key markets, with the half-year production figures showing consistent improvement over the previous year. JSW Steel USA – Ohio contributed 4.5 lakh tonnes to the total production during H1 FY27.
As reported by CNBC TV18, JSW Steel announced its next phase of growth will take combined capacity to 54.8 MTPA over the next four years. The company's plant in Vijayanagar, Karnataka, is the largest single-location steel-producing facility in India with a current capacity of 19.5 MTPA and is being expanded to ~25 MTPA by FY30, which would make it the world's largest steel plant. Over the last three decades, JSW Steel has grown from a single manufacturing unit to become the country's leading integrated steel company with a combined crude steel capacity of 37.9 MTPA, including 4.5 MTPA through the JSW JFE Steel JV.
As reported by CNBC TV18, shares of JSW Steel ended 4.46% lower at ₹1,175.2 on the National Stock Exchange on Thursday, October 8, 2026. The stock has gained nearly 1% from the beginning of the year but has slipped 9% over the past month and 1.2% in the past six months. Shares of the company had touched their one-year high of ₹1,351 on August 27, 2026, while their 52-week low of ₹1,073.20 was hit on December 18, 2025. The stock has a total market capitalisation of ₹2.87 lakh crore as of October 8, 2026, according to NSE data.
