Jindal Steel Ltd
Jindal Steel Q3FY26: Production Surges 25% š | Revenue at ā¹15,172 Cr
ā¢ Crude steel production increased 25% quarter-on-quarter to 2.51 million tons
ā¢ Sales volume rose 22% quarter-on-quarter to 2.28 million tons
ā¢ Consolidated gross revenue grew 12% to INR 15,172 crores
ā¢ Consolidated adjusted EBITDA was INR 1,593 crores (margin 10.5%)
ā¢ One-time blast furnace startup cost of INR 350 crores impacted results
ā¢ Underlying EBITDA per ton was INR 8,516 excluding one-time costs
ā¢ Blended steel net sales realization declined by approximately INR 3,000 per ton
ā¢ Net debt increased to INR 15,443 crores with net debt to EBITDA at 1.72x
ā¢ Coking coal costs expected to increase by $18-$20 per ton in Q4
ā¢ Domestic steel prices have recovered by INR 3,000ā3,500 per ton since December 2025