Production Performance Summary

JSW Steel reported consolidated crude steel production for October 2026 at 25.73 lakh tonnes, representing 19% year-over-year growth compared to October 2025.

The capacity utilization for Indian operations specifically stood at 92% for the month of October 2026.

Production Breakdown (Lakh Tonnes)

| Particulars | October 2026 | October 2025* | YoY Growth |

| Indian Operations | 24.86 | 20.85 | 19% |

| JSW Steel USA - Ohio | 0.87 | 0.83 | 5% |

| Consolidated Production | 25.73 | 21.68 | 19% |

*Note: The steel business undertaking of Bhushan Power and Steel Limited (BPSL), a subsidiary of JSW Steel, was transferred on a slump-sale basis to JSW-JFE Steel Limited (JV company) in March 2026. The production figures relating to the transferred undertaking have been reduced from previous year's numbers for accurate comparison.

Company Background

JSW Steel is the flagship business of the diversified JSW Group, which has interests across multiple sectors including energy, infrastructure, cement, paints, realty, and others. The company currently has a combined crude steel capacity of 37.9 MTPA, including 4.5 MTPA through the JSW JFE Steel joint venture. Expansion plans aim to increase combined capacity to 54.8 MTPA over the next four years.

The Vijayanagar, Karnataka plant is the largest single-location steel-producing facility in India with current capacity of 19.5 MTPA, with expansion plans to reach approximately 25 MTPA by FY30.

Forward Looking Statements

The document includes cautionary statements noting that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. These include fluctuations in earnings, growth management challenges, intense competition, cost factors, demand variations, acquisition integration risks, and general economic conditions affecting the steel industry.