JINDALSTEL Jindal Steel Q3 FY26 results (Oct–Dec 2025) and concall
Jindal Steel reported strong operational growth in Q3 FY26 with significant increases in production and sales volumes, and a 12% QoQ rise in gross revenue. The company achieved key project milestones, including the operationalization of 1,050 MW power plant capacity and commissioning of CCL1. However, profitability was impacted by lower blended steel NSR, higher operating costs due to BF2 ramp-up, and a one-time startup cost, leading to a net debt to EBITDA ratio of 1.72x.
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What they filed
Q3 FY26: revenue up 10.9%, net profit down 80.1% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|
| Revenue | 11,751 | 13,183 | 12,294 | 11,686 | 13,027 +11% |
| EBITDA | 2,184 | 2,262 | 3,006 | 2,081 | 1,629 −25% |
| Net profit | 951 | -304 | 1,496 | 635 | 189 −80% |
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.
