Jindal Stainless has announced its financial results for the fiscal year ending March 31, 2026, reporting a robust standalone profit after tax of ₹2,842.95 crore. Alongside these positive results, the Board of Directors has recommended a final dividend of ₹3 per equity share, bringing the total dividend for the year to ₹4 per share, reflecting the company’s continued commitment to delivering value to its shareholders.
Annual Financial Performance
For the financial year ended March 31, 2026, Jindal Stainless achieved a standalone revenue from operations of ₹42,680.22 crore, compared to ₹40,181.68 crore in the previous year. The company’s standalone profit after tax rose to ₹2,842.95 crore from ₹2,711.19 crore in the prior year. On a consolidated basis, the Group performed even stronger, reporting a total revenue of ₹42,954.66 crore and a profit after tax of ₹3,184.57 crore for the same period.
Dividend Distribution
In addition to the financial reporting, the Board of Directors has recommended a final dividend of ₹3 per equity share of the face value of ₹2 each for the financial year 2025-26. This is subject to the approval of shareholders at the upcoming 46th Annual General Meeting. When combined with the interim dividend of ₹1 per share previously approved in January 2026, the total dividend payout for the year amounts to ₹4 per equity share.
Strategic Developments
The company continues to expand its footprint and streamline operations. Significant developments during the year include securing control over PT Glory Metal Indonesia as a subsidiary effective July 1, 2025, and completing committed investments into a 282 MW hybrid renewable energy project to power its manufacturing facilities. Furthermore, the company successfully redeemed half of its outstanding listed Non-Convertible Debentures (NCDs), amounting to ₹187.50 crore, demonstrating disciplined capital management.
Source: BSE
