Jindal Stainless Q1 Revenue Rises 8 Per Cent to Rs 103.4 Billion

07 Aug 2025 CW Team

Jindal Stainless Limited (JSL) has announced its financial results for the quarter ending 30 June 2025, reporting robust growth despite a volatile global landscape. The company recorded a standalone net revenue of Rs 103.4 billion, marking an 8 per cent year-on-year (YoY) increase. Consolidated revenue also rose by 8.2 per cent YoY to Rs 102.1 billion.

Sales volume stood at 626,252 tonnes—an increase of 8.3 per cent compared to Q1 FY25. Standalone EBITDA reached Rs 10.5 billion, up 4.3 per cent, while profit after tax (PAT) rose by approximately 11 per cent to Rs 6.4 billion. On a consolidated basis, EBITDA climbed to Rs 13.1 billion and PAT to Rs 7.2 billion, up 8.1 and 10.6 per cent respectively. Net consolidated debt stood at Rs 38.7 billion, with a healthy debt-to-equity ratio of 0.2x.

Jindal Stainless attributed its performance to agility in balancing domestic and export market demand, focus on product innovation, operational efficiency, and the growing contribution from value-added segments. Domestic demand was supported by strong growth across automotive, metro, white goods, and lifts and elevators sectors. Rising urbanisation and infrastructure investments further boosted the stainless steel demand in metro and elevator applications.

The company’s co-branding initiative, ‘Jindal Saathi Seal’, extended from pipes and tubes to kitchenware and sinks, fostering customer trust in quality. Additionally, the QR Code Loyalty Programme enhanced customer engagement and tracking.

Despite geopolitical challenges and trade protectionism in markets such as the EU and US, Jindal Stainless maintained its export volumes by offering value-added solutions and strengthening global customer relationships.

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