Jindal Stainless Q2 FY27 Revenue Up 18.2% to ₹12,874 Cr
Jindal Stainless Limited (JSL) announced its financial results for Q2 FY27, reporting a resilient performance with consolidated net revenue at INR 12,874 crore, an 18.2% increase year-on-year. EBITDA stood at INR 1,433 crore (up 3.2% YoY), and Profit After Tax (PAT) rose to INR 898 crore (up 11.1% YoY). Finished goods sales volume increased by 2.5% YoY to 6,64,378 tonnes. The company also announced the amalgamation of four wholly-owned subsidiaries to simplify its group structure and optimize resource utilization. CARE upgraded its rating on long-term borrowings to AA+ (Stable). JSL supplied stainless steel for India's first hydrogen-powered train and developed a special grade for catalytic converters. GHG emission intensity reduced by 12%.
Key Highlights
- Net revenue increased 18.2% YoY to ₹12,874 crore in Q2 FY27.
- PAT grew 11.1% YoY to ₹898 crore.
- Sales volume rose 2.5% YoY to 6,64,378 tonnes.
- Amalgamation of four subsidiaries approved to simplify group structure.
- CARE upgraded long-term borrowing rating to AA+ (Stable).
Price Impact
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