What were Jindal Stainless's Q3 earnings highlights?

Jindal Stainless reported a 26.6% year-on-year increase in net profit to ₹828.8 crore, with revenue rising to ₹10,517.6 crore.

Will Jindal Stainless shareholders receive a dividend?

Yes, the board approved a 50% interim dividend, amounting to Re 1 per equity share for FY25-26.

Who has been reappointed to Jindal Stainless's board?

Shruti Shrivastava, Aarti Gupta, and Ajay Mankotia were reappointed as independent directors for a second term.

Home / Business and Economy / Jindal Stainless Profit Soars 26.6% on Strong Q3

Jindal Stainless Profit Soars 26.6% on Strong Q3

21 Jan

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Summary

Net profit surged by 26.6% to ₹828.8 crore in the third quarter.
Revenue increased by 6.2% year-on-year, reaching ₹10,517.6 crore.
An interim dividend of 50% (Re 1 per share) was approved for FY26.

Jindal Stainless Profit Soars 26.6% on Strong Q3

Jindal Stainless Ltd. announced exceptional third-quarter financial results, showcasing a significant 26.6% year-on-year increase in net profit. The company achieved a net profit of ₹828.8 crore, up from ₹654.3 crore in the same period last year. Revenue also saw a healthy rise of 6.2%, reaching ₹10,517.6 crore.

This improved financial performance was bolstered by enhanced operating efficiency and expanded margins, which grew to 13.4%. Accompanying these strong results, the board of directors approved an interim dividend of 50%, translating to Re 1 per equity share for the financial year 2025-26. The record date for this dividend is January 29, 2026.

Furthermore, the company's board reappointed Shruti Shrivastava, Aarti Gupta, and Ajay Mankotia as independent directors for a second consecutive three-year term. These directors have confirmed their eligibility to hold office. As of the announcement, Jindal Stainless Ltd. shares closed at ₹754 on the NSE.