25-Oct-2026 22:38:20
JINDAL STEEL Q2 FY27: REVENUE UP 44% YOY; STEEL SALES SURGE 27%, EBITDA UP 34%
• Adjusted EBITDA: Up 34% YoY to ₹2,504 Cr, down 6% QoQ • Steel Production: Up 20% YoY to 2.40 MT, flat QoQ • Steel Sales: Up 27% YoY to 2.38 MT, up 6% QoQ • Domestic Sales: Up 29% YoY to 2.19 MT, up 8% QoQ • Exports: Up 6% YoY to 0.19 MT, down 10% QoQ • EBITDA Per Tonne: ₹10,529 vs ₹10,010 YoY and ₹11,937 QoQ • Product Mix: Share of flat steel products increased to 61% in Q2 FY27 • Net Debt: Reduced to ₹14,786 Cr from ₹15,927 Cr QoQ • Leverage: Net Debt/EBITDA improved to 1.51x from 1.71x QoQ • Margin Pressure: Seasonal weakness and higher coking coal costs impacted profitability • Steel Prices: Domestic HRC prices improved during the quarter, while TMT prices weakened before recovering towards quarter-end
JINDAL STEEL LIMITED