Jindal Stainless Limited has reported a robust financial performance for the fiscal year ended March 31, 2026. The company achieved a standalone net profit of ₹2,842.95 crore on revenue of ₹42,680.22 crore. Reflecting this strong performance, 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, inclusive of the previously approved interim dividend.
Financial Highlights for FY26
Jindal Stainless has demonstrated significant operational and financial growth in the fiscal year 2026. On a standalone basis, the company reported a total income of ₹43,112.15 crore, marking a substantial increase compared to the previous year. The standalone net profit stood at ₹2,842.95 crore, with a basic earnings per share (EPS) of ₹34.51. On a consolidated level, the company showcased even stronger performance, with a total income of ₹43,306.14 crore and a profit attributable to owners of the parent of ₹3,193.45 crore.
Dividend Payout Recommendation
In light of the company’s solid financial health, the Board of Directors has recommended a final dividend of ₹3 per equity share for the financial year ended March 31, 2026. This recommendation is subject to the approval of shareholders at the upcoming 46th Annual General Meeting. Coupled with the interim dividend of ₹1 per equity share already paid, the total dividend payout for the year amounts to ₹4 per equity share.
Strategic Developments and Expansion
During the fiscal year, Jindal Stainless took significant strides in strengthening its operational footprint. The company successfully completed its commitment to invest ₹132 crore in Oyster Green Hybrid One Private Limited to support a 282 MW hybrid renewable energy project, aimed at meeting the energy requirements of its manufacturing plants. Additionally, the company secured control over PT Glory Metal Indonesia, integrating it as a subsidiary to further its strategic objectives. The company also continues to manage the impact of newly notified labour codes and remains focused on enhancing its debt profile and operational efficiency.
Source: BSE
