Jindal Steel's Q3 FY 2025-26 Quarterly Results
- 31 Jan 2026
Result Summary
- Jindal Steel Ltd reported a 11.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.7%.
- Its expenses for the quarter were up by 17.8% QoQ and 19.5% YoY.
- The net profit decreased 70.3% QoQ and decreased 80.2% YoY.
- The earnings per share (EPS) of Jindal Steel Ltd stood at 1.88 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 13036.16 | 11707.82 | 11777.05 | 11.3% | 10.7% |
Total Expenses | 12638.01 | 10725.55 | 10577.71 | 17.8% | 19.5% |
Profit Before Tax | 343.59 | 982.27 | 1199.34 | -65.0% | -71.4% |
Tax | 150.29 | 347.17 | 248.54 | -56.7% | -39.5% |
Profit After Tax | 188.58 | 635.08 | 950.88 | -70.3% | -80.2% |
Earnings Per Share | 1.88 | 6.28 | 9.39 | -70.1% | -80.0% |
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 Steel Ltd is a prominent player in the steel manufacturing industry, known for its extensive production of steel and related products. The company operates within the broader industrial sector, contributing significantly to infrastructure development with its products used in construction, automotive, and other manufacturing industries. As a major steel producer, Jindal Steel Ltd is involved in various stages of steel production, from raw material processing to finished goods. Information on recent major developments specific to Jindal Steel Ltd is not available in the data provided. However, the steel industry has been subject to fluctuations due to global economic conditions, demand cycles, and market prices for raw materials like iron ore and coal.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Jindal Steel Ltd reported a total income of ₹13,036.16 crores. This reflects an 11.3% increase compared to the previous quarter (Q2FY26) where the total income was ₹11,707.82 crores. On a year-over-year basis, there was a 10.7% rise from ₹11,777.05 crores in the same quarter of the previous year (Q3FY25). This growth in revenue can be attributed to various factors that may include increased production capacity, favorable market conditions, or strategic pricing adjustments. The company’s ability to increase its total income both sequentially and annually highlights its operational strengths and market positioning.
Profitability
The profitability metrics for Jindal Steel Ltd during Q3FY26 indicate a significant decline. Profit Before Tax (PBT) for the quarter stood at ₹343.59 crores, marking a 65.0% decrease from the preceding quarter (Q2FY26) where PBT was ₹982.27 crores. Year-over-year, PBT decreased by 71.4% from ₹1,199.34 crores in Q3FY25. Correspondingly, the Profit After Tax (PAT) for Q3FY26 was ₹188.58 crores, down 70.3% from ₹635.08 crores in Q2FY26 and 80.2% lower than the ₹950.88 crores in Q3FY25. Earnings Per Share (EPS) also reflected this downward trend, with a value of ₹1.88 in Q3FY26 compared to ₹6.28 in Q2FY26 and ₹9.39 in Q3FY25, representing decreases of 70.1% quarter-over-quarter and 80.0% year-over-year. These figures may have been impacted by various operational or external factors not detailed in the financial data.
Operating Metrics
Total expenses for Jindal Steel Ltd in Q3FY26 were reported at ₹12,638.01 crores, which represents a 17.8% increase from the previous quarter’s (Q2FY26) expenses of ₹10,725.55 crores and a 19.5% rise from ₹10,577.71 crores in Q3FY25. This increase in expenses could be due to various factors such as rising raw material costs, expansion activities, or increased operational costs. The tax expense for Q3FY26 was ₹150.29 crores, reflecting a reduction of 56.7% from Q2FY26’s tax of ₹347.17 crores and a 39.5% decrease from the ₹248.54 crores reported in Q3FY25. The financial data does not provide specific reasons for these changes, but they represent notable shifts in the company’s operational metrics over the evaluated periods.