Jindal Stainless announced its financial results for the quarter ended December 31, 2025, reporting a sales volume of 6,49,857 tonnes, a 10.6% increase year-on-year. Standalone net revenue reached INR 10,632 crore, a 5.6% increase, with EBITDA at INR 1,103 crore and PAT at INR 666 crore. The company’s performance was driven by innovative product offerings and enhanced customer service, despite challenges from increased imports.
Financial Performance Highlights
Jindal Stainless announced its financial results for the third quarter of fiscal year 2026, showcasing significant growth in several key areas. The company reported a strong performance driven by both domestic demand and strategic initiatives.
Key Standalone Figures
- Sales volume reached 6,49,857 tonnes, marking a 10.6% year-on-year increase.
- Net revenue amounted to INR 10,632 crore, representing a 5.6% year-on-year growth.
- EBITDA stood at INR 1,103 crore, a 10.0% increase compared to the previous year.
- Profit After Tax (PAT) reached INR 666 crore, showing a 7.6% growth year-on-year.
Key Consolidated Figures
- Net revenue at INR 10,518 crore, up by 6.2% Y-o-Y
- EBITDA at INR 1,408 crore, up by 16.6% Y-o-Y
- PAT at INR 828 crore, up by 26.6% Y-o-Y
- Net debt at INR 3,451 crore
- Net debt-to-equity ratio at 0.18x
Dividend Announcement
The Board of Directors has approved an interim dividend of 50%, which is INR 1 per equity share (face value of INR 2 each) for FY26. The record date for determining entitlement has been set as January 29, 2026, with payment scheduled on or before February 19, 2026.
Strategic Developments and Initiatives
Jindal Stainless has been actively involved in several strategic initiatives to enhance its market position and operational efficiency:
- Expansion of the Jindal Saathi Seal co-branding initiative to 20 partners.
- Scaling the Jindal Saathi Pragati Loyalty Program to over 5,400 retailers and 39,000 fabricators.
- Achieved a high score on the S&P Global Corporate Sustainability Assessment.
- Received a strong ESG rating from a SEBI-registered provider.
Sustainability Achievements
The company also highlighted its commitment to sustainability:
- Renewable power usage at 56% across Jajpur and Hisar facilities.
- Publication of four Environmental Product Declarations (EPDs).
Management Commentary
Mr. Abhyuday Jindal, Managing Director, commented, stating that the domestic market remains a strategic priority, with continued efforts to expand the company’s footprint across key sectors. He also emphasized advocating for robust regulatory frameworks to curb substandard imports.
Source: BSE
