JINDAL STAINLESS LTD. Q3 FY26 Results

Summary

Jindal Stainless Limited (JSL) announced its financial results for the quarter ended December 31, 2025. The company reported a sales volume of 6,49,857 tonnes, up by 10.6% Y-o-Y. Standalone net revenue stood at INR 10,632 crore, up by 5.6% Y-o-Y. Standalone EBITDA and PAT stood at INR 1,103 crore and INR 666 crore, reflecting a Y-o-Y growth of 10% and 7.6% respectively. The consolidated net revenue was at INR 10,518 crore, up by 6.2% Y-o-Y. Consolidated EBITDA was recorded at INR 1,408 crore and PAT at INR 828 crore, up by 16.6% and 26.6% Y-o-Y respectively. The consolidated net debt was at INR 3,451 crore, while the net debt-to-equity ratio of 0.18x. The Board of Directors also approved payment of interim dividend @50% i.e. INR 1 per equity share for FY26.

Key Highlights

1. 1

   Sales volume at 6,49,857 tonnes, up by 10.6% Y-o-Y

2. 2

   Net revenue at INR 10,632 crore, up by 5.6% Y-o-Y

3. 3

   EBITDA at INR 1,103 crore, up by 10.0% Y-o-Y

4. 4

   PAT at INR 666 crore, up by 7.6% Y-o-Y

5. 5

   Consolidated net revenue at INR 10,518 crore, up by 6.2% Y-o-Y

6. 6

   Consolidated EBITDA at INR 1,408 crore, up by 16.6% Y-o-Y

7. 7

   Consolidated PAT at INR 828 crore, up by 26.6% Y-o-Y

8. 8

   Net debt at INR 3,451 crore

9. 9

   Net debt-to-equity ratio at 0.18x

10. 10

    Board approved payment of interim dividend @50% i.e. INR 1 per equity share for FY26