India, Oct. 28 -- JSW Steel, India's largest private steel producer, delivered a strong operational performance in Q2-FY26, driven by high volumes despite lower steel prices. Prabhudas Lilladher noted in a recent report that the company "reported robust operating performance," with consolidated sales volume up 20 per cent YoY (year-on-Year) to 7.34 million tonnes. Despite a 4.6 per cent QoQ (Quarter-on-Quarter) decline in average realisations due to monsoon-led weakness, cost management and operating leverage led to profitability. It expected "steel prices to firm up in the next two months with an increase in government spending on infra capex and GST-led enthusiasm."

The Q2-FY26 consolidated revenue rose 14 per cent YoY, supported by pr...