Jindal Stainless' Q2 FY 2025-26 Quarterly Results

Result Summary

• Jindal Stainless Ltd reported a 6.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.8%.
• Its expenses for the quarter were up by 6.6% QoQ and 10.2% YoY.
• The net profit increased 13.0% QoQ and increased 32.6% YoY.
• The earnings per share (EPS) of Jindal Stainless Ltd stood at 9.78 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

---

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jindal Stainless Ltd is a prominent player in the stainless steel industry, primarily engaged in the production of stainless steel products. The company offers a wide array of products including slabs, hot rolled coils, plates, and cold rolled coils. The company operates within the metals and mining industry, specifically focusing on stainless steel manufacturing. As of the last update in October 2023, there haven't been any major reported developments beyond its core business operations. If there have been recent strategic shifts or expansions, such information is not available.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Jindal Stainless Ltd reported a total income of ₹10,982.46 crores. This represents a quarter-over-quarter increase of 6.9% from ₹10,276.01 crores in Q1FY26 and a year-over-year rise of 11.8% from ₹9,823.88 crores in Q2FY25. The steady rise in revenue over both the quarters and years indicates the company's growth in its market operations, reflecting potentially increased sales or enhanced pricing strategies.

Profitability

For Q2FY26, Jindal Stainless Ltd achieved a profit before tax (PBT) of ₹1,092.21 crores, reflecting an 11.1% increase from the previous quarter (Q1FY26) and a 30.9% increase compared to the same quarter in the previous year (Q2FY25). The tax expense for the quarter was ₹270.50 crores, which is a 6.3% increase from the prior quarter's tax of ₹254.39 crores and a 20.3% increase year-over-year. The profit after tax (PAT) reached ₹807.92 crores, marking a 13.0% QoQ growth and a 32.6% YoY increase. The earnings per share (EPS) for Q2FY26 stood at ₹9.78, up 12.9% from Q1FY26 and 32.0% from Q2FY25.

Operating Metrics

The company's total expenses for Q2FY26 amounted to ₹9,907.66 crores, which is a 6.6% increase from Q1FY26 and a 10.2% rise when compared to Q2FY25. The growth in expenses is slightly lower than the growth in total income, which has positively impacted the profit margins. Operating efficiency and management of costs appear to support the company's profitability, as indicated by the rising profit figures. The financial data does not provide specific details on capital structure or liquidity ratios, such as the P/E ratio, debt-to-equity ratio, or current ratio, which would typically provide further insight into the company's financial health.