Jindal Stainless Ltd (JSL) on Monday (November 10) reported a 32% year-on-year increase in net profit at ₹806.9 crore for the quarter ended September 2025, compared with ₹611.3 crore in the same period last year.

Revenue grew 11.4% year-on-year to ₹10,892 crore from ₹9,776 crore. EBITDA rose 16.9% to ₹1,387.9 crore from ₹1,187 crore in the year-ago period. Operating margin expanded to 12.7% in Q2 FY26 from 12.1% a year earlier.

On a standalone basis, sales volume rose 14.8% year-on-year to 6,48,050 tonnes. On a consolidated level, the company’s net debt stood at ₹3,646 crore, with a net debt-to-equity ratio of 0.2x, indicating a strong balance sheet position.

Also Read: Jindal Stainless to invest $150 million in new plant to recover metal waste

Jindal Stainless reported steady demand

See Full Page