Jindal Stainless has announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a standalone net profit of ₹2,842.95 crore on total annual revenue of ₹43,112.15 crore. Additionally, the Board of Directors has recommended a final dividend of ₹3 per equity share, bringing the total dividend for the year to ₹4 per equity share, demonstrating strong operational performance and a commitment to shareholder returns.
Annual Financial Performance
Jindal Stainless achieved robust growth for the year ended March 31, 2026. On a standalone basis, the company reported an annual revenue from operations of ₹42,680.22 crore, resulting in a standalone net profit of ₹2,842.95 crore. On a consolidated basis, the company reported even stronger metrics, with revenue of ₹42,954.66 crore and a net profit attributable to owners of the parent of ₹3,193.45 crore.
Shareholder Dividends
Reflecting the company’s solid financial health, the Board of Directors has recommended a final dividend of ₹3 per equity share (face value of ₹2 each) for the 2025-26 fiscal year. This is subject to the approval of shareholders at the upcoming 46th Annual General Meeting. When combined with the interim dividend of ₹1 per equity share approved in January 2026, the total dividend payout for the year stands at ₹4 per equity share.
Strategic Developments
The company continues to advance its strategic growth initiatives. Notable developments include the formal acquisition of control over PT Glory Metal Indonesia effective July 1, 2025, and ongoing investments in renewable energy, specifically the 282 MW hybrid renewable energy project through Oyster Green Hybrid One Private Limited. These efforts align with the company’s long-term objective of securing sustainable power requirements and strengthening its global presence.
Corporate Actions
Jindal Stainless remains active in its capital management, as evidenced by the buyback of 4,25,00,000 equity shares from its subsidiary, Jindal United Steel Limited, during the fiscal year. Furthermore, the company continues to manage its debt portfolio proactively, including the redemption of NCDs and ongoing monitoring of the regulatory landscape to ensure compliance and fiscal efficiency.
Source: BSE
