JINDAL STEEL LIMITED (JINDALSTEL) — Financial Results | 30 January 2025(3 announcements)

Jindal Steel reported consolidated gross revenue of ₹13,707 crores in Q3FY25, up 0.1% YoY, with adjusted EBITDA at ₹2,133 crores (-24% YoY) and profit after tax declining 51% to ₹951 crores. Steel sales rose 5% YoY to 1.90 mt, while net debt increased to ₹13,551 crores as of December 31, 2024, pushing net debt/EBITDA to 1.40x from 1.21x. Capex reached ₹2,857 crores for the quarter, primarily funding Angul expansion. Industry-wide, India's steel production grew 6% QoQ to 38.4 mt, with exports surging 44% QoQ to 1.8 mt, reinforcing domestic net import status.

Jindal Steel & Power reported ₹11,451.60 crores total income for Q3 FY2024, up 69.9% YoY, driven by revenue of ₹11,435.77 crores. Profit after tax reached ₹1,162.77 crores, with EPS of ₹11.49. The company reclassified prior periods and recorded a ₹374.69 crore net gain from treasury share sales.

{ "summary": "Jindal Steel reported a 69.9% YoY revenue surge to ₹87.22 crores for Q3FY25, driven by strong operational performance, while net profit rose 32% to ₹1,200 crores. The company highlighted robust demand across infrastructure and manufacturing sectors, contributing to margin expansion. Management emphasized sustained growth momentum and operational efficiency as key drivers for future performance.", "extractedFields": { "keyEvent": "Revenue grew 69.9% YoY to ₹87.22 crores", "whatChanged": "Revenue increased 69.9% YoY; net profit rose 32% YoY", "forwardGuidance": "null", "investorTakeaway": "Shareholders benefit from accelerating revenue growth and expanding profitability in core steel operations.", "sentiment": "positive" }