Jindal Stainless’s board has approved the incorporation of a wholly-owned subsidiary. Furthermore, the company announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Highlights from the financial results reveal a profit of ₹643.89 crore on a standalone basis and ₹807.92 crore on a consolidated basis. The meeting was held on November 10, 2025.
Subsidiary Incorporation
Jindal Stainless has officially announced the approval for the incorporation of a new, wholly-owned subsidiary. The details regarding the subsidiary’s specific focus and operational scope will be disclosed as the incorporation process advances. Further information about this new entity is expected soon.
Financial Performance
The financial results for the second quarter and half-year ending September 30, 2025, show the following:
Standalone Results
- Total Income: ₹10,979.63 crore
- Profit After Tax: ₹643.89 crore
- Earnings Per Share: ₹7.82
Consolidated Results
- Total Income: ₹10,982.46 crore
- Profit After Tax: ₹807.92 crore
- Earnings Per Share: ₹9.80
Financial Ratios
Key financial ratios from the disclosure:
- Debt Equity Ratio: 0.37 (Consolidated)
- Interest Service Coverage Ratio: 10.49 (Consolidated)
- Net Profit Margin: 7.42% (Consolidated)
Source: BSE
