Jindal Stainless' Q2 FY 2026-27 Quarterly Results

Result Summary

• Jindal Stainless Ltd reported a 14.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 18.4%.
• Its expenses for the quarter were up by 14.5% QoQ and 20.2% YoY.
• The net profit increased 16.8% QoQ and increased 11.1% YoY.
• The earnings per share (EPS) of Jindal Stainless Ltd stood at 10.84 during Q2 FY 2026-27.

Financial Statments for Q2 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 manufacturing industry. The company specializes in producing a wide range of stainless steel products, which include flat products like coils and plates, as well as long products such as bars and rods. These products cater to diverse sectors, including automotive, construction, and infrastructure. The company's operations encompass state-of-the-art manufacturing facilities, and it has a significant presence in both domestic and international markets. As of the latest available data, no major recent developments have been publicly disclosed.

Revenue

In Q2FY27, Jindal Stainless Ltd reported a total income of ₹13,007.59 crores. This represents a quarter-over-quarter increase of 14.1% compared to Q1FY27, where the total income stood at ₹11,396.93 crores. On a year-over-year basis, the revenue increased by 18.4% from Q2FY26, where the total income was ₹10,982.46 crores. The substantial growth in revenue indicates a robust performance over the quarters and demonstrates the company's ability to expand its market reach and sales volume.

Profitability

The Profit Before Tax (PBT) for Q2FY27 is reported at ₹1,219.30 crores, showing a significant quarter-over-quarter growth of 22.1% from Q1FY27's PBT of ₹998.98 crores. On a year-over-year basis, there is an 11.6% increase from Q2FY26, where the PBT was ₹1,092.21 crores. The Profit After Tax (PAT) for Q2FY27 is ₹897.75 crores, which is a 16.8% increase from the previous quarter's PAT of ₹768.66 crores and an 11.1% rise from Q2FY26's PAT of ₹807.92 crores. These figures reflect an upward trend in profitability, supported by a consistent increase in earnings.

Operating Metrics

For Q2FY27, the total expenses amounted to ₹11,904.70 crores, marking a 14.5% increase from Q1FY27, where expenses were ₹10,397.95 crores. Year-over-year, expenses rose by 20.2% compared to Q2FY26's expenses of ₹9,907.66 crores. The tax expenditure for Q2FY27 was ₹303.44 crores, showing a 14.5% increase from Q1FY27's tax of ₹264.93 crores and a 12.2% increase from Q2FY26's tax of ₹270.50 crores. Earnings Per Share (EPS) for Q2FY27 was ₹10.84, up by 16.3% from Q1FY27's EPS of ₹9.32 and a 10.8% increase from Q2FY26's EPS of ₹9.78. These metrics underline the company's operational scale and efficiency in managing expenses while enhancing shareholder value through increased earnings.