Results - Announcements
Jindal Stainless Ltd share price softened by 3.08% to Rs 710.75. The Company's net profit improved by 16.79% to Rs 897.75 crore, while revenue from operations edged up 14.14% to Rs 12873.86 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.11 lakh crore, declining 5.11%. It has eased by 1.16% over last one week and edged lower by 2.27% in last one month while the market capitalization of Jindal Stainless Ltd has slipped by 3.46% and 0.53% in the same period respectively.
Profit before tax (PBT) of Jindal Stainless Ltd stood at Rs 1201.19 crore in Q3 FY26, climbing 11.38% year-on-year, and expanding by 16.22% quarter-on-quarter. EBITDA came in at Rs 1299 crore, easing 0.08% YoY and rising 7.30% sequentially.
Total expenses went up by 14.52% to Rs 11739.91 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 9708.05 crore, witnessing a sharp rise of 23.50% YoY, while employee benefits expense was at Rs 275.61 crore, registering a marginal contraction of 5.81% YoY.
For the TTM ended FY26, revenue from operations tick up 9.27% to Rs 42954.66 crore, while net profit saw a strong growth of 27.40% to Rs 3184.57 crore, compared to previous TTM. EBITDA jumped by 447896% to Rs 5208.95 crore, and PBT jumped 27.05% to Rs 4242.07 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 3394.99 crore in FY26, as against Rs 4718.36 crore in FY25.
Jindal Stainless Ltd plunged by 11.08% in last one year, outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.