News

JSW Steel reported consolidated Crude Steel production for the month of May 2026 at 22.93 Lakh tonnes registering 15% YoY growth.The break-up of production is as below: (Lakh Tonnes)Particulars May-26May-25*% Change Indian Operations 21.9819.1715%JSW Steel USA - Ohio 0.950.7920%Consolidated Production 22.9319.9615%*The steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of the Company, was transferred on a slump‑sale basis to JSW-JFE Steel Limited (JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from previous year`s numbers for comparison. Production was higher in May 2026 mainly due to full operations of Dolvi unit (one of the Blast Furnace was under planned maintenance shutdown in May 2025) and JVML operations fully ramped-up. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgradation of capacity, is expected to re-start in second fortnight of June 2026. The capacity utilisation for Indian operations for the month excluding BF3 capacity was at ~98% and including BF3 capacity was at 87%.

JSW Steel today marked a significant milestone in its growth journey with the project commencement ceremony of its fully-owned greenfield Integrated Steel Plant at Paradeep, Odisha. The project represents one of the largest investments undertaken by the Company and underscores its long-term commitment to strengthening India`s manufacturing capabilities while contributing to Odisha`s industrial transformation.The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha`s coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.

JSW Steel, Bharatia and Carbon Iceland International, have signed a strategic Memorandum of Understanding (MoU) to jointly explore the development of a large-scale green methanol (eMethanol) project in India. The signing took place in Oslo, Norway, during the 3rd India-Nordic Summit. The proposed project, of 300 KTPA, is intended to utilise carbon dioxide (CO₂) emissions generated from JSW Steel`s operations in district Raigad, Maharashtra, and convert them into eMethanol using green hydrogen produced from renewable energy sources.The collaboration seeks to establish a scalable carbon capture and utilisation (CCU) pathway for the steel sector, while also supporting India`s broader energy transition and industrial decarbonisation ambitions. The initiative aims to demonstrate how industrial emissions can be transformed into low-carbon fuels and chemical feedstocks, creating a replicable model for future green industrial infrastructure.As part of the initial scope, the project intends to evaluate the utilisation of an existing high purity CO₂ stream from JSW Steel`s facility, while also assessing opportunities to capture additional CO₂ emissions from broader steel manufacturing operations.Bharatia, a non-profit Foundation, operates a technology commercialisation and execution programme/platform under the name of `Bharat Technology and Impact Accelerator` (also known as Bharatia`), which is anchored with leading research institutions such as cGanga at Indian Institute of Technology Kanpur. Carbon Iceland International ehf is a consortium-led platform bringing together global expertise in CO₂ capture, eFuel production and industrial decarbonisation. Through proven technologies and integrated execution capabilities, Carbon Iceland enables rapid deployment of scalable, low-risk green fuel projects, supporting large-scale emissions reduction and positioning India as a leader in sustainable industrial transformation.

Net profit of JSW Steel rose 989.16% to Rs 16370.00 crore in the quarter ended March 2026 as against Rs 1503.00 crore during the previous quarter ended March 2025. Sales rose 12.31% to Rs 49798.00 crore in the quarter ended March 2026 as against Rs 44341.00 crore during the previous quarter ended March 2025.For the full year,net profit rose 536.87% to Rs 22316.00 crore in the year ended March 2026 as against Rs 3504.00 crore during the previous year ended March 2025. Sales rose 9.28% to Rs 182037.00 crore in the year ended March 2026 as against Rs 166575.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales49798.0044341.00 12 182037.00166575.00 9 OPM %17.0013.84 -16.1213.56 - PBDT6637.004271.00 55 21492.0014875.00 44 PBT4489.001774.00 153 11891.005566.00 114 NP16370.001503.00 989 22316.003504.00 537 Powered by Capital Market - Live News

JSW Steel announced that the 32th Annual General Meeting(AGM) of the company will be held on 24 July 2026.