JSW Steel Shares Hit All-Time High Amid Strong Quarterly Performance.
Shares of the steel major surged to a record high on the NSE, reflecting robust investor confidence driven by a significant jump in quarterly profits and positive industry outlook.
Mumbai, India – JSW Steel Ltd. shares reached an unprecedented peak of ₹1,074.90 on the National Stock Exchange (NSE) during Thursday’s trading session, ultimately closing at ₹1,070.80. This represents a 1.73% increase from the previous day’s close and marks a significant milestone for one of India’s leading steel producers. The surge reflects strong investor sentiment fueled by the company’s impressive financial results for the quarter ending June 2025 and a favorable outlook for the Indian steel industry.
For the quarter ended June 2025, JSW Steel reported a remarkable 158% year-on-year increase in consolidated net profit, which stood at ₹2,309 crore. This substantial growth was achieved on the back of higher sales volumes and lower coking coal costs. The company’s revenue from operations for the same period saw a slight increase to ₹43,147 crore from ₹42,943 crore in the corresponding quarter of the previous year. A key driver of the improved profitability was the significant rise in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), which climbed by 37% year-on-year to ₹7,576 crore, with the EBITDA margin expanding to 17.6%.
The company’s operational performance also showed strength, with consolidated crude steel production for the quarter reaching 7.26 million tonnes, a 14% increase year-on-year.[4] Steel sales for the same period rose by 9% to 6.69 million tonnes.
Looking at the annual performance, JSW Steel reported revenue from operations of ₹168,824 crore for the fiscal year 2025, a decrease from ₹175,006 crore in the previous year. The net profit for FY25 was ₹3,802 crore, down from ₹9,145 crore in FY24. Despite the annual dip, the recent quarterly performance has instilled fresh optimism among investors.
The broader outlook for the Indian steel industry remains positive. Projections indicate a robust demand growth of 8-9% in 2025, positioning India as a key driver of global steel consumption. This growth is expected to be fueled by increased investment in infrastructure and construction. The Indian government’s focus on infrastructure development through initiatives like the National Infrastructure Pipeline is anticipated to be a significant catalyst for steel demand.
In a recent corporate development, JSW Steel announced a partnership with JFE Steel of Japan to expand their grain-oriented electrical steel sheet manufacturing joint venture in India. This move is aimed at enhancing capacity to meet the growing demand for this specialized product.
Analysts hold a mixed but generally positive view on JSW Steel’s stock. Based on recent ratings from multiple analysts, the consensus is a “Hold,” with an average 12-month price target that suggests a potential upside from the current levels. While some analysts point to concerns like a high P/E ratio and increased leverage, the company’s strong market position and robust performance metrics are also widely acknowledged.
JSW Steel’s recent stock performance and strong quarterly results, coupled with a promising outlook for the domestic steel market, position the company for continued growth and value creation for its stakeholders.
