ChemBriefIndia's JSW Group Firms Plan $300 Million Debt Sales, Bankers Say
Two JSW Group companies, JSW Energy and JSW Steel, plan to raise approximately $298 million through short-term bonds in the October-December quarter.
reuters · 2026-09-20 23:47 UTC
Two JSW Group companies, JSW Energy and JSW Steel, plan to raise approximately $298 million through short-term bonds in the October-December quarter.
JSW Steel's Q1 profit more than doubled to 46.5 billion rupees as strong domestic demand offset an 18% rise in raw material costs. Capacity utilization hit 94%, driven by robust activity in automotive
India's top steelmaker JSW Steel more than doubled its first-quarter net profit to 46.51 billion rupees, surpassing analyst expectations. The gain was driven by firm domestic steel prices and resilien
India's JSW Steel reported a more than two-fold jump in quarterly profit to 44.89 billion rupees, driven by steel price recovery and strong demand despite rising costs linked to the Iran war.