JINDAL STEEL (JINDALSTEL) — Board Meeting

Jindal Steel reported Q2FY26 consolidated gross revenue of ₹13,505 crores, down 6% QoQ, with adjusted EBITDA of ₹1,875 crores (down 37% QoQ) and PAT of ₹635 crores. Steel production and sales declined 5% QoQ and 2% QoQ respectively to 2.00 MT and 1.87 MT. The company commissioned India's second-largest blast furnace (4.6 MTPA) and a 3 MTPA BOF at Angul, expanding total steelmaking capacity to 12.6 MTPA. Net debt improved to ₹14,156 crores from ₹14,400 crores.

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About JINDAL STEEL LIMITED (JINDALSTEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹1,25,674.85 Cr P/E: 30.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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