23-Oct-2026 15:11:24
JINDALSTELExpansion
JINDALSTEL Q2 : CONS NET PROFIT UP 21.4% AT RS 771 CR (YOY), DOWN 8.6% (QOQ)
Revenue up 42.7% at 16,704 Cr (YOY), up 7.8% (QOQ). EBITDA up 33.5% at 2,504 Cr (YOY), down 6.1% (QOQ); margins 15.0% v 16.0% (YOY), 17.2% (QOQ). Steel sales 2.38 MT, up 27% (YOY); crude steel production 2.40 MT. Consolidated net debt 14,786 Cr v 15,927 Cr (QOQ); net debt/EBITDA at 1.51x v 1.71x. Capex 1,228 Cr in the quarter; 192 km Barbil-Angul iron ore slurry pipeline commissioned.
Jindal Steel Ltd
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