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JSW Steel announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 21 August 2026.

JSW Steel today said Moody`s Ratings has assigned it Baa3 long-term issuer rating with a stable outlook, placing the Company at global investment grade. Moody`s also upgraded JSW Steel`s senior unsecured ratings and the guaranteed senior unsecured revenue bonds issued by Jefferson County Port Authority to Baa3 from Ba1, and withdrew the Company`s earlier Ba1 corporate family rating.The Baa3 rating follows a broader re-rating of JSW Steel over the past month: Fitch upgraded the Company to `BB+` from `BB` with a Positive outlook (July 6), CARE Ratings upgraded it to CARE AA+ from CARE AA (July 8), and ICRA upgraded it to [ICRA]AA+ from [ICRA]AA (July 30).

Net profit of JSW Steel rose 112.96% to Rs 4651.00 crore in the quarter ended June 2026 as against Rs 2184.00 crore during the previous quarter ended June 2025. Sales rose 9.90% to Rs 46662.00 crore in the quarter ended June 2026 as against Rs 42460.00 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales46662.0042460.00 10 OPM %19.9017.61 - PBDT8297.005609.00 48 PBT6160.003072.00 101 NP4651.002184.00 113 Powered by Capital Market - Live News

JSW Steel reported consolidated Crude Steel production for the first quarter of FY 2026-27 at 6.59 million tonnes, higher by 2% on QoQ basis and 3% on YoY basis. Blast Furnace 3 (BF3) of Vijayanagar, was under shutdown for upgradation of capacity, started hot-metal production from 23rd June 2026. The Crude steel production growth for the quarter remained at 3% YoY, mainly due to the BF3 shutdown. Excluding BF3 production impact from last year`s base, Q1 FY27 volumes grew ~15% YoY, driven by full ramp-up of JVML operations and improved utilisation at Dolvi Unit. The capacity utilisation for Indian operations for Q1 FY27 (excluding BF3 capacity under shutdown) was at ~94%.

JSW Steel has received credit ratings from CARE Ratings as under:Long term bank facilities - CARE AA+; Stable (rating upgraded) Long term / short term bank facilities - CARE AA+; Stable / CARE A1+ (LT rating upgraded/ ST rating reaffirmed)Short term bank facilities - CARE A1+ (rating reaffirmed) Issuer ratings - CARE AA+; Stable (rating upgraded) Non convertible debentures - CARE AA+; Stable (rating upgraded)Commercial paper - CARE A1+ (rating reaffirmed)