Jindal Stainless Limited’s Board of Directors approved the incorporation of a wholly-owned subsidiary. They also reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The meeting, held on November 10, 2025, addressed key financial outcomes and strategic expansions for the company.
Subsidiary Incorporation Approved
The Board of Directors of Jindal Stainless Limited has approved the incorporation of a wholly-owned subsidiary. The decision aims to streamline operations and improve overall efficiency. Further details regarding the subsidiary’s specific focus will be disclosed at a later date.
Financial Performance: Q2 2025 Highlights
The Board reviewed the unaudited financial results for Q2 2025. Key highlights include:
- Total Income: ₹10,979.63 crore
- Total Expenses: ₹10,112.72 crore
- Profit Before Tax: ₹866.91 crore
- Profit After Tax: ₹643.89 crore
The financial results reflect the company’s performance in a competitive market environment.
Consolidated Financial Results Overview
The consolidated unaudited results for the quarter reflect the broader group’s performance. Key figures include:
- Total Income: ₹10,982.46 crore
- Profit Before Tax: ₹1,078.42 crore
- Profit After Tax: ₹807.92 crore
Additional Financial Metrics
Key financial ratios and metrics as of September 30, 2025, include:
- Debt Equity Ratio: 0.26
- Debt Service Coverage Ratio: 4.89
- Interest Service Coverage Ratio: 12.10
Source: BSE
