22-Oct-2026 15:26:03
JSLAcquisition and merger
JSL Q2 : CONS NET PROFIT UP 11.1% AT ₹897.75 CR (YOY), UP 16.8% (QOQ). MIX (ON 1ST LOOK)
Revenue up 18.2% at ₹12,873.86 Cr (YOY), up 14.1% (QOQ). Operating margin 11.13% v 12.74% (YOY), 11.78% (QOQ). Caution: Consolidated PAT includes ₹116.4 Cr exceptional gain. Board approved scheme to amalgamate four wholly owned subsidiaries with appointed date April 1, 2027.
Jindal Stainless Ltd
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