🚀 Business & Startups🇮🇳 India
JSW Steel's Q1 Profit More Than Doubles, Beating Every Analyst Estimate
mint - companies·Saturday, 18 July 2026
JSW Steel reported a consolidated net profit of ₹4,651 crore for Q1 FY27, up from ₹2,184 crore a year earlier. The result beat the Bloomberg consensus estimate of ₹3,199 crore from seven analysts polled. Higher steel prices and strong demand drove the surge.
Why It Matters
Steel prices and JSW's performance are a bellwether for India's construction, infrastructure, and manufacturing sectors — all of which affect jobs and prices.
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