Athira Sethu
Kochi, 4 Dec 2025
JSW Steel recently announced stake sale of 50% in its subsidiary, Bhushan Power & Steel Ltd (BPSL) in order to deleverage its balance sheet.
Here is a snapshot of Tata Steel vs JSW Steel Q2FY26 comparison:
| Metric | JSW Steel | Tata Steel |
| Net Profit | Rs 1,646 crore | Rs 3,183 crore |
| YoY Net Profit Growth | 307.4% | 419% |
| Revenue | Rs 45,152 crore | Rs 58,689.29 crore |
| YoY Revenue Growth | 13.8% | 8.9% |
| EBITDA Margin | 15.2% (3.77% ↑ YoY) | |
| Crude Steel Production (India) | 7.66 | 5.65 million tonne (8% ↑ QoQ) |
| Net Debt | Rs 79,153 crore | Rs 87,040 crore |



















