JSW Steel Limited — Q2 FY26
JSW Steel reported a strong Q2 FY26 with consolidated revenue of INR 45,152 crore and adjusted EBITDA of INR 7,849 crore (17.4% margin).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY26
Q2 volumes expected to increase sequentially
Management expects higher volumes in Q2 as shutdowns are behind and JVML second converter starts.
Partial / close
Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.
heuristic_v1
Q1 FY26
Coking coal cost benefit of ~$5/ton in Q2
Coking coal costs expected to be marginally lower QoQ by about $5 per ton.
Partial / close
Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.
heuristic_v1