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Iron & Steel
Quarterly Result4 May 2026, 03:52 pm

Jindal Stainless FY26: PAT up 27.4% YoY to ₹3,185 Cr

AI Summary

Jindal Stainless Ltd announced its financial results for FY26, reporting a consolidated net revenue of ₹42,955 crore, up 9.3% Y-o-Y. EBITDA stood at ₹5,560 crore, a 19.2% increase, and PAT rose by 27.4% to ₹3,185 crore. The company's finished goods sales volume reached 25,65,902 tonnes, an 8.1% increase Y-o-Y. The Board recommended a final dividend of ₹3 per share, bringing the total dividend to ₹4 per share. The consolidated net debt-to-equity ratio improved to 0.15. The company commissioned a 1.2 MTPA stainless steel melt shop in Indonesia.

Key Highlights

  • FY26 consolidated PAT increased by 27.4% Y-o-Y to ₹3,185 crore.
  • FY26 finished goods sales volume up 8.1% Y-o-Y at 25,65,902 tonnes.
  • Board recommends a final dividend of ₹3 per share for FY26.
  • Consolidated net debt-to-equity ratio improved to 0.15.
  • Commissioned 1.2 MTPA stainless steel melt shop in Indonesia.
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