JINDAL STAINLESS LTD. Q2 FY26 Results

Summary

Jindal Stainless Limited (JSL) announced its financial results for the quarter ended September 30, 2025. The company reported a sales volume of 6,48,050 tonnes, up by 14.8% Y-o-Y. Standalone net revenue stood at INR 10,881 crore, up by 11.6% Y-o-Y. Standalone EBITDA and PAT stood at INR 1,060 crore and INR 644 crore, both up by 5.3% and 9.3% Y-o-Y, respectively. The consolidated net revenue was at INR 10,893 crore, up by 11.4% Y-o-Y. The consolidated EBITDA was recorded at INR 1,388 crore and PAT at INR 808 crore, up by 17% and 32.6% Y-o-Y respectively. The consolidated net debt was at INR 3,646 crore, while the net debt-to-equity ratio of 0.2x.

Key Highlights

1. 1

   Sales volume at 6,48,050 tonnes, up by 14.8% Y-o-Y

2. 2

   Net revenue at INR 10,881 crore, up by 11.6% Y-o-Y

3. 3

   EBITDA at INR 1,060 crore, up by 5.3% Y-o-Y

4. 4

   PAT at INR 644 crore, up by 9.3% Y-o-Y

5. 5

   Consolidated net revenue at INR 10,893 crore, up by 11.4% Y-o-Y

6. 6

   Consolidated EBITDA at INR 1,388 crore, up by 17% Y-o-Y

7. 7

   Consolidated PAT at INR 808 crore, up by 32.6% Y-o-Y

8. 8

   Consolidated net debt at INR 3,646 crore

9. 9

   Net debt-to-equity ratio at 0.2x