Jindal Stainless quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	12,874	10,893	+18.2%
EBITDA	1,415	1,374	+3.0%
EBITDA margin	11.0%	12.6%	−1.6 pts
Profit before tax	1,201	1,078	+11.4%
Net profit	898	808	+11.1%
EPS	₹10.85	₹9.80	+10.7%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	12,874	11,279	11,337	10,518	10,893	10,207	10,198	9,907	9,777	9,430	9,454	9,127	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	134	118	90.7	102	89.7	68.9	94.0	99.1	47.1	50.7	55.0	39.0
	13,008	11,397	11,428	10,620	10,982	10,276	10,292	10,006	9,824	9,481	9,509	9,166
	9,708	7,861	6,721	6,746	7,383	7,072	7,080	6,744	6,760	6,585	5,914	6,648
	3.6	19.8	54.1	83.6	95.2	95.5	83.9	127	124	148	180	78.3
	−685	−812	790	111	−212	−429	−110	−166	−67.0	−443	418	−578
	276	293	244	256	245	244	226	220	206	204	187	160
	165	146	149	134	141	144	150	161	159	143	153	146
	299	302	278	269	262	252	241	242	241	232	233	236
	2,157	2,553	2,035	1,907	2,007	1,929	1,886	1,790	1,567	1,725	1,719	1,559
	11,923	10,363	10,270	9,507	9,921	9,307	9,556	9,116	8,990	8,595	8,805	8,250
	1,415	1,364	1,494	1,413	1,374	1,296	1,033	1,193	1,187	1,210	1,035	1,259
	1,116	1,061	1,216	1,144	1,112	1,044	792	951	946	978	802	1,024
Profit
	1,085	1,034	1,158	1,112	1,061	969	736	890	834	886	704	917
	116	0.0	−45.7	−30.1	17.4	0.0	−7.1	0.0	0.0	0.0	−1.7	0.0
	1,201	1,034	1,112	1,082	1,078	969	729	890	834	886	702	917
	286	253	232	267	258	263	179	236	229	242	163	209
	17.5	12.4	46.0	−12.0	12.5	−8.9	−40.4	−0.4	−4.3	−2.3	38.7	16.6
	303	265	278	255	271	254	139	236	225	240	201	226
	898	769	834	828	808	715	590	654	609	646	501	691
	898	769	834	828	808	715	590	654	609	646	501	691
	12.5	−2.6	85.9	9.2	8.0	−1.1	11.7	27.5	−2.8	1.1	−8.8	2.3
	910	766	920	837	816	714	602	682	607	647	492	694
	895	769	844	829	807	714	591	655	611	648	501	692
	3.2	−0.7	−9.4	−1.0	1.0	0.5	−1.0	−0.6	−1.9	−2.0	−0.1	−1.1
Per share
	₹10.85	₹9.34	₹10.24	₹10.06	₹9.80	₹8.67	₹7.18	₹7.95	₹7.42	₹7.87	₹6.08	₹8.41
	₹10.84	₹9.32	₹10.22	₹10.05	₹9.78	₹8.66	₹7.17	₹7.95	₹7.41	₹7.86	₹6.07	₹8.41
Other comprehensive income — detail
	12.5	−2.6	85.9	9.2	8.0	−1.1	11.7	—	—	—	—	—
	—	—	40.3	—	—	—	24.8	27.5	—	—	−13.1	0.1
	0.0	0.0	0.0	0.0	0.0	—	2.2	—	—	—	—	—
	—	—	—	—	—	—	—	0.0	0.0	0.0	−3.2	0.0
	12.5	−2.6	45.6	9.2	8.0	−1.1	−10.9	—	−2.8	1.1	1.1	2.3
	907	767	930	838	815	713	603	682	609	649	492	695
	3.2	−0.7	−9.5	−1.0	1.0	0.5	−1.0	−0.6	−1.9	−2.0	−0.1	−1.1
Per share — as-filed variants
	₹10.85	₹9.34	₹10.24	₹10.06	₹9.80	₹8.67	₹7.18	₹7.95	₹7.42	₹7.87	₹6.08	₹8.41
	₹10.84	₹9.32	₹10.22	₹10.05	₹9.78	₹8.66	₹7.17	₹7.95	₹7.41	₹7.86	₹6.07	₹8.41
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	3,847	4,209	3,772	3,577	3,626	3,469	3,145	3,203	2,960	3,139	2,941	2,979
	29.9%	37.3%	33.3%	34.0%	33.3%	34.0%	30.8%	32.3%	30.3%	33.3%	31.1%	32.6%
Adjusted (ex-exceptional items) — derived
	1,085	1,034	1,158	1,112	1,061	969	736	890	834	886	704	917
	116	0.0	−45.7	−30.1	17.4	0.0	−7.1	0.0	0.0	0.0	−1.7	0.0
	811	769	868	851	795	715	596	654	609	646	502	691
	₹9.80	₹9.34	₹10.66	₹10.34	₹9.64	₹8.67	₹7.25	₹7.95	₹7.42	₹7.87	₹6.09	₹8.41

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

JSL₹682.45

Jindal Stainless Ltd.

· Metal & Mining

Annual Quarterly₹ CrorePeersTATASTEEL SAIL MIDHANI LLOYDSME NATIONALUM NMDC VEDL JINDALSTELMcap ₹56,230 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	9,127.5	9,454.0	9,429.8	9,776.8	9,907.3	10,198.3	10,207.1	10,892.8	10,517.6	11,337.2	11,278.5	12,873.9
Other Income	39.0	55.0	50.7	47.1	99.1	94.0	68.9	89.7	102.2	90.7	118.4	133.7
Total Income	9,166.4	9,509.0	9,480.5	9,823.9	10,006.4	10,292.3	10,276.0	10,982.5	10,619.8	11,427.9	11,396.9	13,007.6
Expenses
+ Cost of Materials Consumed	6,648.2	5,914.2	6,585.3	6,760.0	6,744.1	7,079.8	7,071.8	7,383.3	6,746.2	6,720.9	7,861.0	9,708.1
+ Purchases of Stock-in-Trade	78.3	180.4	148.0	124.0	126.7	83.9	95.5	95.2	83.6	54.1	19.8	3.6
+ Changes in Inventories	-577.8	417.9	-442.8	-67.0	-166.1	-110.2	-429.2	-211.9	111.2	790.3	-811.7	-685.2
+ Employee Benefit Expense	160.1	187.2	204.0	205.7	219.5	226.3	243.9	245.2	256.2	243.6	292.6	275.6
+ Finance Costs	145.9	153.4	142.7	158.6	160.5	149.8	144.1	140.8	134.2	148.8	146.2	164.8
+ Depreciation & Amortisation	235.5	233.4	232.4	240.9	241.6	241.2	251.8	261.9	268.9	277.7	302.4	299.0
+ Other Expenses	1,559.5	1,719.1	1,724.9	1,567.4	1,790.1	1,885.6	1,929.1	2,006.9	1,907.2	2,034.6	2,553.1	2,157.1
Total Expenses	8,249.6	8,805.5	8,594.6	8,989.6	9,116.4	9,556.5	9,307.0	9,921.5	9,507.4	10,269.9	10,363.3	11,922.8
EBITDA	1,259.2	1,035.3	1,210.3	1,186.7	1,193.0	1,032.9	1,296.1	1,374.1	1,413.2	1,493.8	1,363.8	1,414.8
EBIT	1,023.7	801.9	977.9	945.8	951.4	791.7	1,044.3	1,112.2	1,144.3	1,216.1	1,061.4	1,115.8
Profit
PBT before Exceptional Items	916.8	703.6	885.9	834.3	890.0	735.8	969.1	1,061.0	1,112.3	1,158.0	1,033.6	1,084.8
+ Exceptional Items	0.0	-1.7	0.0	0.0	0.0	-7.1	0.0	17.4	-30.1	-45.7	0.0	116.4
Pretax Income	916.8	701.9	885.9	834.3	890.0	728.8	969.1	1,078.4	1,082.3	1,112.3	1,033.6	1,201.2
+ Current Tax	209.0	162.5	242.2	229.1	236.1	179.2	263.3	258.0	266.5	232.1	252.6	286.0
+ Deferred Tax	16.6	38.7	-2.3	-4.3	-0.4	-40.4	-8.9	12.5	-12.0	46.0	12.4	17.5
Tax Expense	225.6	201.2	239.9	224.9	235.7	138.8	254.4	270.5	254.5	278.1	264.9	303.4
Net Income	691.2	500.7	646.1	609.4	654.3	590.0	714.7	807.9	827.8	834.2	768.7	897.8
+ Net Income — Continuing Ops	691.2	500.7	646.1	609.4	654.3	590.0	714.7	807.9	827.8	834.2	768.7	897.8
+ Other Comprehensive Income	2.3	-8.8	1.1	-2.8	27.5	11.7	-1.1	8.0	9.2	85.9	-2.6	12.5
Total Comprehensive Income	693.6	491.8	647.2	606.6	681.8	601.6	713.6	815.9	836.9	920.2	766.0	910.3
Net Income to Common	692.3	500.7	648.1	611.3	654.8	591.0	714.2	806.9	828.8	843.6	769.4	894.6
Minority Interest	-1.1	-0.1	-2.0	-1.9	-0.6	-1.0	0.5	1.0	-1.0	-9.4	-0.7	3.2
Per Share
Basic EPS	8.41	6.08	7.87	7.42	7.95	7.18	8.67	9.80	10.06	10.24	9.34	10.85
Diluted EPS	8.41	6.07	7.86	7.41	7.95	7.17	8.66	9.78	10.05	10.22	9.32	10.84
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	11.7	-1.1	8.0	9.2	85.9	-2.6	12.5
+ Items NOT to be Reclassified to P&L	0.1	-13.1	—	—	27.5	24.8	—	—	—	40.3	—	—
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	2.2	—	0.0	0.0	0.0	0.0	0.0
+ Tax on Items NOT to be Reclassified — alt tag	0.0	-3.2	0.0	0.0	0.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	2.3	1.1	1.1	-2.8	—	-10.9	-1.1	8.0	9.2	45.6	-2.6	12.5
Comprehensive Income — Owners of Parent	694.7	492.0	649.2	608.5	682.3	602.6	713.1	814.9	838.0	929.6	766.7	907.1
Comprehensive Income — Non-controlling Interests	-1.1	-0.1	-2.0	-1.9	-0.6	-1.0	0.5	1.0	-1.0	-9.5	-0.7	3.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	8.41	6.08	7.87	7.42	7.95	7.18	8.67	9.80	10.06	10.24	9.34	10.85
Diluted EPS — Continuing Operations	8.41	6.07	7.86	7.41	7.95	7.17	8.66	9.78	10.05	10.22	9.32	10.84
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	2,978.8	2,941.5	3,139.2	2,959.8	3,202.6	3,144.8	3,469.1	3,626.2	3,576.6	3,771.9	4,209.5	3,847.5
Gross Margin %	32.64	31.11	33.29	30.27	32.33	30.84	33.99	33.29	34.01	33.27	37.32	29.89
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	916.8	703.6	885.9	834.3	890.0	735.8	969.1	1,061.0	1,112.3	1,158.0	1,033.6	1,084.8
− Exceptional Items (reconciliation)	0.0	-1.7	0.0	0.0	0.0	-7.1	0.0	17.4	-30.1	-45.7	0.0	116.4
Net Income Adj (tax-effected)	691.2	501.8	646.1	609.4	654.3	595.7	714.7	794.9	850.8	868.5	768.7	810.7
EPS Adj	8.41	6.09	7.87	7.42	7.95	7.25	8.67	9.64	10.34	10.66	9.34	9.80
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.38	0.35	0.37	0.35	0.37	0.38	0.33
Filed Dscr	—	4.00	5.00	4.00	3.00	2.18	2.94	4.92	5.18	4.96	5.40	3.89
Filed Iscr	—	7.00	—	—	—	7.71	9.57	10.49	11.25	10.39	9.90	9.51
Paid Up Equity Capital	164.7	164.7	164.7	164.7	164.7	164.7	164.7	164.7	164.7	164.8	164.8	164.8

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Jindal Stainless Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 22 October 2026 at 3:24 pm IST

Jindal Stainless (NSE: JSL) reported its Q2 FY27 results (July–September 2026) on Thursday, 22 October 2026 at 3:24 pm IST. Consolidated net profit attributable to shareholders was ₹895 crore, up 10.9% from ₹807 crore in Q2 FY26 and up 16.3% from ₹769 crore in Q1 FY27. Revenue from operations was ₹12,874 crore, up 18.2% year on year and up 14.1% from the previous quarter.

Q2 FY26 results (a year earlier): 10 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹895 Cr+10.9% vs Q2 FY26+16.3% vs Q1 FY27Total incl. minority interest ₹898 Cr
Revenue from operations: ₹12,874 Cr+18.2% vs Q2 FY26+14.1% vs Q1 FY27
Operating margin (EBIT): 8.7%−1.5 pts vs Q2 FY26−0.7 pts vs Q1 FY27EBIT ₹1,116 Cr
EBITDA: ₹1,415 Cr+3.0% vs Q2 FY26+3.7% vs Q1 FY27margin 11.0%
Earnings per share (basic): ₹10.85+10.7% vs Q2 FY26+16.2% vs Q1 FY27
Net profit margin: 6.9%−0.5 pts vs Q2 FY26+0.1 pts vs Q1 FY27

Questions

What was Jindal Stainless' net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹895 crore, up 10.9% from ₹807 crore in Q2 FY26 and up 16.3% from ₹769 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹898 crore.

How were Jindal Stainless' Q2 FY27 results?

Both grew from a year earlier: net profit was up 10.9% at ₹895 crore and revenue was up 18.2% at ₹12,874 crore. The operating margin was 8.7%, down 1.5 percentage points from 10.2% a year earlier. Against Q1 FY27, net profit was up 16.3% and revenue up 14.1%.

What is Jindal Stainless' net profit margin?

Jindal Stainless' net profit margin was 6.9% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 7.4% in Q2 FY26 (down 0.5 percentage points). For FY26 as a whole it was 7.4%.

What was Jindal Stainless' revenue in Q2 FY27?

Revenue from operations was ₹12,874 crore, up 18.2% year on year and up 14.1% from the previous quarter.

What was Jindal Stainless' EPS in Q2 FY27?

Basic earnings per share were ₹10.85, against ₹9.80 in Q2 FY26.

What was Jindal Stainless' revenue in FY26?

Revenue from operations was ₹42,955 crore in FY26 (April 2025–March 2026), up 9.3% from ₹39,312 crore in FY25. It was ₹38,562 crore in FY24 and ₹35,697 crore in FY23: up 20.3% over three years, 6.4% a year on average.

What was Jindal Stainless' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹1,116 crore, a margin of 8.7%, against 9.4% in Q1 FY27 and 10.2% in Q2 FY26. EBITDA was ₹1,415 crore, 11.0% of revenue.

What was Jindal Stainless' net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹1,664 crore, up 9.4% from ₹1,521 crore in the same months a year earlier. Revenue from operations was ₹24,152 crore, up 14.5%.

What was Jindal Stainless' net profit in FY26?

Consolidated net profit attributable to shareholders was ₹3,193 crore in FY26 (April 2025–March 2026), up 27.5% from ₹2,505 crore in FY25. It was ₹2,713 crore in FY24 and ₹2,115 crore in FY23: up 51.0% over three years, 14.7% a year on average.

How has Jindal Stainless' profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹829 crore in Q3 FY26, ₹844 crore in Q4 FY26, ₹769 crore in Q1 FY27 and ₹895 crore in Q2 FY27. That is ₹3,336 crore over the four quarters, up 20.6% from ₹2,767 crore in the four quarters before. Revenue from operations: ₹10,518 crore, ₹11,337 crore, ₹11,279 crore and ₹12,874 crore.

When did Jindal Stainless announce its Q2 FY27 results?

On Thursday, 22 October 2026 at 3:24 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 10 November 2025.

When will Jindal Stainless announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Jindal Stainless figures come from?

From Jindal Stainless' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 22 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.