StockWatch
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Iron & Steel
Tax & Penalty6 Aug 2026, 07:23 pm

Jindal Steel Reports ₹11,348 Cr Exchequer Contribution for FY26

AI Summary

Jindal Steel Limited has released its Tax Transparency Report for the financial year 2025-26. The report details the company's commitment to integrity, transparency, and accountability in its tax practices, aligning with its ESG framework. For FY 2025-26, the company reported robust operational performance with 9.25 million tonnes of crude steel production and sales of 8.68 million tonnes, achieving Gross Revenue of ₹62,412 crore, EBITDA of ₹9,660 crore, and Profit After Tax of ₹3,361 crore. The report highlights a total contribution to the public exchequer of ₹11,348 crore, comprising direct taxes borne (Corporate Income Tax, Customs Duties, etc.) and indirect taxes collected and remitted (GST, TDS/TCS). The company emphasizes its adherence to applicable laws, sound commercial principles, and strong corporate governance, avoiding artificial tax planning.

Key Highlights

  • Jindal Steel contributed ₹11,348 crore to the exchequer in FY 2025-26.
  • Report covers direct and indirect tax contributions for FY 2025-26.
  • Company achieved ₹62,412 crore in Gross Revenue and ₹3,361 crore PAT.
  • Tax strategy aligns with responsible business principles and ESG framework.
  • Report emphasizes compliance, transparency, and ethical tax conduct.