Jindal Stainless Limited on Thursday reported its results for the quarter ended September 30, 2026, with consolidated profit rising 11.1% year-on-year to Rs 897.75 crore, from Rs 807.92 crore a year earlier, according to the company's filing reported by The Hindu BusinessLine and ScanX. Consolidated revenue from operations rose 18.2% to Rs 12,873.86 crore, from Rs 10,892.78 crore in Q2 FY26.
On a standalone basis, net profit rose 22% to Rs 785.50 crore, while standalone revenue increased 4.9% to Rs 11,413.28 crore. Consolidated EBITDA was reported at about Rs 1,433 crore, up 3.2% year-on-year. For the first half of FY27, consolidated revenue stood at Rs 24,152.40 crore and consolidated profit at Rs 1,666.41 crore.
Consolidated profit Rs 898 crore (+11.1%); revenue Rs 12,874 crore (+18.2%); standalone profit Rs 785.50 crore (+22%); exports up 36% and about 11% of total sales, as reported.
The board also approved a composite scheme of amalgamation to merge four wholly owned subsidiaries — Chromeni Steels Limited, Rabirun Vinimay Private Limited, JSL Super Steel Limited and Jindal United Steel Limited — into Jindal Stainless, with April 1, 2027 proposed as the appointed date, subject to regulatory and tribunal approvals. The company said the move is aimed at simplifying the group structure and improving operational efficiency.
Reports on the results also said the company trimmed its FY27 sales-volume growth guidance to 4–6%, from 7–9% earlier, citing geopolitical uncertainties and import pressure. Awaaz Punjab is reporting the guidance change as reported by market coverage of the results; the profit and revenue figures above are from the company's declared results.
Source: The Hindu BusinessLine — Q2 Results Live, Oct 22, 2026