JINDALSTEL Jindal Steel Q2 FY26 results (Jul–Sep 2025) and concall
Jindal Steel reported a challenging Q2 FY26 with a 6% QoQ decline in gross revenue to INR 13,505 crores and a 5% drop in production to 2 million tonnes, primarily due to prolonged monsoon and planned shutdowns. Despite these headwinds, the company achieved significant milestones by commissioning two major plants at Angul, substantially increasing its hot metal and crude steel capacity, and reducing net debt to INR 14,156 crores. Management anticipates an improvement in demand and cost savings in H2, while also focusing on AI adoption and a high value-added product mix to drive future growth.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 11,751 | 13,183 | 12,294 | 11,686 |
| EBITDA | 2,184 | 2,262 | 3,006 | 2,081 |
| Net profit | 951 | -304 | 1,496 | 635 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
