Jindal Stainless Limited — Updates, 08-05-2025: Press Release
08-05-2025 | 05:20 pm
08-05-2025 | 05:20 pm
Jindal Stainless has announced a board meeting to announce the financial results for the quarter and half-year. FY25 standalone sales volume rose 9% YoY to 23.73 lakh tonnes, with net revenue up 5% to INR 40,182 crore. EBITDA dipped 3% to INR 3,905 crore, while PAT grew 7% to INR 2,711 crore. Q4 volumes jumped 13% with PAT nearly doubling, driven by strong domestic demand and growth in EV, railway, and specialty steel segments. Export share is improving despite global challenges. Net consolidated debt at INR 3,899 crore (debt-to-equity 0.2). Key moves include a 9.62% stake in M1xchange and a proposed INR 40,000 crore Maharashtra plant. Green energy and ESG projects are underway.
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