Jindal Stainless' Q1 FY 2026-27 Quarterly Results

Result Summary

• Jindal Stainless Ltd reported a 0.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 10.9%.
• Its expenses for the quarter were up by 0.9% QoQ and 11.9% YoY.
• The net profit decreased 7.9% QoQ and increased 7.6% YoY.
• The earnings per share (EPS) of Jindal Stainless Ltd stood at 9.32 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jindal Stainless Ltd is a prominent player in the stainless steel industry, primarily engaged in manufacturing and selling stainless steel products. The company offers a wide range of products including flat and long stainless steel products, which are used in various industries such as automotive, construction, and consumer goods. As of the data provided, there were no specific recent major developments mentioned for Jindal Stainless Ltd. The company operates in a competitive market where steel demand fluctuates based on economic conditions and industry trends.

Revenue

In Q1FY27, Jindal Stainless Ltd reported a total income of ₹11,396.93 crores. This represents a slight decrease of 0.3% from the previous quarter (Q4FY26), where the total income was ₹11,427.91 crores. However, when comparing year-over-year (YoY), there is an increase of 10.9% from Q1FY26, where total income was ₹10,276.01 crores. The YoY increase indicates a growth in revenue compared to the same quarter in the previous year, despite the slight QoQ decline. This revenue trend reflects the company's ability to generate substantial income over the year.

Profitability

The financial data for Jindal Stainless Ltd shows a Profit Before Tax (PBT) of ₹998.98 crores in Q1FY27, which is a decrease of 6.9% from Q4FY26, where the PBT was ₹1,073.40 crores. The YoY change shows a modest increase of 1.7% from Q1FY26's PBT of ₹982.71 crores. Tax expenses for Q1FY27 amounted to ₹264.93 crores, slightly lower than the previous quarter by 4.7% but up by 4.1% YoY. The Profit After Tax (PAT) stood at ₹768.66 crores, showing a decline of 7.9% QoQ from ₹834.21 crores in Q4FY26. However, it is up by 7.6% from ₹714.66 crores in Q1FY26. The Earnings Per Share (EPS) also reflects these changes, with a QoQ decrease of 8.8% and a YoY increase of 7.6%.

Operating Metrics

The operating metrics for Jindal Stainless Ltd demonstrate a balance between income and expenses. Total expenses for Q1FY27 were ₹10,397.95 crores, marking a slight increase of 0.9% from Q4FY26's expenses of ₹10,308.81 crores. Compared to the same quarter last year, this is an 11.9% increase from ₹9,293.30 crores in Q1FY26. The company's ability to manage expenses against income influences its profitability metrics. Although there is a slight increase in expenses QoQ, the YoY growth in expenses is aligned with the growth in total income, reflecting the company's operational scale and cost management strategies.