Jindal Stainless Limited — Board Meeting, 08-05-2025: Outcome of Board Meeting

Jindal Stainless has announced a board meeting on 8th May 2025 approving its audited financial results for FY25. Consolidated revenue reached ₹39,312 Cr with net profit of ₹2,500 Cr, down slightly year-on-year. The company declared a final dividend of ₹2/share, bringing total dividend to ₹3/share. Strategic moves include full acquisition of Chromeni Steels and key stakes in Indonesian JVs, boosting melting capacity to 4.2 MTPA. It also invested ₹154 Cr for a 9.62% stake in Mynd Solutions to strengthen digital finance. A new secretarial auditor was appointed for the next five years.