Jindal Steel's Q2 FY 2025-26 Quarterly Results

Result Summary

• Jindal Steel Ltd reported a 5.0% quarter-on-quarter (QoQ) decrease 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 4.1%.
• Its expenses for the quarter were up by 4.1% QoQ and 6.9% YoY.
• The net profit decreased 57.5% QoQ and decreased 26.2% YoY.
• The earnings per share (EPS) of Jindal Steel Ltd stood at 6.28 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 Steel Ltd is a leading company in the steel manufacturing sector. It primarily engages in the production of steel and related products, which are crucial for various industrial applications. The company operates within the broader metals and mining industry, which is essential for infrastructure development and numerous manufacturing processes. As of the latest update, any specific recent major developments for Jindal Steel Ltd are not available from the provided data. The company has a significant presence in the Indian market and possibly engages in international trade, contributing to its overall revenue and market influence.

Revenue

For the quarter ending in the second quarter of fiscal year 2026 (Q2FY26), Jindal Steel Ltd reported a total income of ₹11,707.82 crores. This represents a quarter-over-quarter (QoQ) decline of 5.0% from ₹12,324.88 crores reported in the first quarter of fiscal year 2026 (Q1FY26). However, there is a year-over-year (YoY) increase of 4.1% compared to ₹11,248.14 crores in the second quarter of fiscal year 2025 (Q2FY25). This demonstrates the company's ability to maintain and slightly grow its total income over the past year despite the recent quarterly decline.

Profitability

In terms of profitability, Jindal Steel Ltd recorded a profit before tax (PBT) of ₹982.27 crores in Q2FY26. This marks a significant decrease of 51.3% QoQ from ₹2,017.91 crores in Q1FY26. Compared to the previous year, there is also a decline of 19.0% YoY from ₹1,213.27 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 is ₹635.08 crores, which is down by 57.5% QoQ from ₹1,495.97 crores in Q1FY26 and by 26.2% YoY from ₹860.47 crores in Q2FY25. The earnings per share (EPS) followed the same trend, decreasing to ₹6.28 in Q2FY26 from ₹14.73 in Q1FY26 and ₹8.49 in Q2FY25, reflecting a decline of 57.4% QoQ and 26.0% YoY.

Operating Metrics

The company's total expenses for Q2FY26 were ₹10,725.55 crores, which is an increase of 4.1% QoQ from ₹10,306.97 crores in Q1FY26 and a 6.9% YoY increase from ₹10,034.87 crores in Q2FY25. The tax expenses for Q2FY26 amounted to ₹347.17 crores, showing a decrease of 33.5% QoQ from ₹521.91 crores in Q1FY26 and a slight decrease of 1.6% YoY from ₹352.80 crores in Q2FY25. These metrics suggest variations in the company's operational cost structures and taxation, which impact overall profitability. The financial data provided does not include specific balance sheet figures, so key financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio cannot be calculated.