JINDAL STEEL (JINDALSTEL) — Financial Results

Jindal Steel reported Q2FY26 consolidated gross revenue of ₹13,505 crores, down 6% QoQ, with production declining 5% QoQ to 2 million tonnes due to monsoons and planned shutdowns. Consolidated adjusted EBITDA reached ₹1,875 crores (₹10,010/tonne); PAT stood at ₹635 crores. The company commissioned two major plants at Angul (4.6 MT blast furnace, 3 MT BOF), targeting 15.6 million tonnes capacity by FY26-end. Net debt at ₹14,156 crores (1.48x EBITDA) remained within 1.5x commitment. H1 capex was ₹4,925 crores of ₹47,043 crores total announced.

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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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