Jindal Stainless Limited’s board has approved the incorporation of a wholly-owned subsidiary and reviewed the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The meeting, held on November 10, 2025, also addressed key financial metrics and strategic decisions, underlining the company’s growth strategy. The board is setting up this new subsidiary to streamline operations.
Financial Highlights: Q2 2025
For the quarter ended September 30, 2025, Jindal Stainless reported revenue from operations of ₹10,892.78 crore on a consolidated basis. The company’s total income reached ₹10,982.46 crore. The profit for the period was ₹807.92 crore.
Key Financial Figures
- Revenue from Operations: ₹10,892.78 crore (Consolidated)
- Total Income: ₹10,982.46 crore (Consolidated)
- Profit for the Period: ₹807.92 crore (Consolidated)
Strategic Move: New Subsidiary
The Board has approved the incorporation of a new wholly-owned subsidiary. This entity will function as a centralized shared services provider, aimed at streamlining operations and improving efficiency across the group. This decision aligns with Jindal Stainless’s strategy to optimize resource allocation and enhance service delivery.
Standalone Performance
On a standalone basis, Jindal Stainless recorded revenue from operations of ₹10,880.89 crore. The standalone profit for the period was ₹643.89 crore.
Ratings Confirmation
The company’s credit ratings remain strong, with ratings of “AA/Stable” for long-term borrowings and Non-Convertible Debentures, and “A1+” for short-term borrowings.
Source: BSE
