New Delhi, Oct. 20 -- For JSW Steel Ltd, India's largest steel producer, things have been looking up recently. The company reported exemplary growth for a second quarter in a row, although from a low base in 2024-25, when its subsidiaries performed poorly and steel prices were low.

Also, as the legal overhang lifted over JSW Steel's six-year-old acquisition of Bhushan Power and Steel Ltd after a special bench of the Supreme Court reversed an earlier ruling, utilization picked up at the now-profitable BPSL.

Supported by a ramp-up in production at JSW Steel's Vijayanagar plant and resumption of manufacturing at its Dolvi plant, the company's sales volume in the September quarter (second quarter of 2025-26) increased 10% from the preceding...