Jindal Stainless Limited — Board Meeting, 06-08-2025: Outcome of Board Meeting
06-08-2025 | 03:46 pm
06-08-2025 | 03:46 pm
Jindal Stainless' board approved the financial results for the quarter ended June 30, 2025. Consolidated revenue hit ₹10,207.14 Cr, with profit after tax at ₹714.66 Cr and diluted EPS of ₹8.66. Strategically, JSL is expanding its melting capacity from 3 MTPA to 4.2 MTPA through a new stainless steel melt shop JV in Indonesia, with an approximate investment of ₹715 Cr. The company also invested ₹79.20 Cr in Oyster Green for a 282 MW renewable energy project to meet its power needs. Additionally, JSL redeemed ₹187.50 Cr of NCDs, bringing outstanding NCDs to ₹99 Cr.
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