Jindal Stainless Q2 FY27 consolidated revenue Rs 12,873.86 cr, PAT Rs 897.75 cr
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Jindal Stainless Q2 FY27 consolidated revenue Rs 12,873.86 cr, PAT Rs 897.75 cr

For Q2 FY27, Jindal Stainless Ltd’s consolidated revenue was Rs 12,873.86 cr and profit after tax Rs 897.75 cr, versus Rs 10,892.78 cr and Rs 807.92 cr a year earlier.

Jindal Stainless Ltd
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Key takeaways

  • Revenue from operations Rs 12,873.86 cr vs Rs 10,892.78 cr a year earlier.
  • Profit for the period Rs 897.75 cr vs Rs 807.92 cr in the corresponding quarter.
  • Total income Rs 13,007.59 cr vs Rs 10,982.46 cr year-on-year.
  • Total expenses Rs 11,904.70 cr vs Rs 9,907.66 cr in Q2 FY26.
  • Basic EPS 10.85 vs 9.80; diluted EPS 10.84 vs 9.78 for the same quarter last year.

Q2 FY27 · consolidated

MetricSep 2026Sep 2025Change
RevenueRs 12,873.86 crRs 10,892.78 cr+18.2%
PATRs 897.75 crRs 807.92 cr+11.1%

As reported in the filing. Figures are transcribed, not computed.

What the numbers show

  • Net margin was 6.97% of revenue, down 44 bps from 7.42%.
  • Total expenses rose 20.2% while revenue rose 18.2%.

• Basis: Consolidated statement of financial results for the quarter ended 30 September 2026, compared with the quarter ended 30 September 2025 (both unaudited), as per the unaudited consolidated financial results table.

• Revenue from operations: Rs 12,873.86 cr (Q2 FY27) vs Rs 10,892.78 cr (Q2 FY26).

• Other income: Rs 133.73 cr vs Rs 89.68 cr.

• Total income: Rs 13,007.59 cr vs Rs 10,982.46 cr.

• Cost of materials consumed: Rs 9,708.05 cr vs Rs 7,383.29 cr.

• Purchases of stock in trade: Rs 3.55 cr vs Rs 95.22 cr.

• Changes in inventories of finished goods, work in progress and stock in trade: Rs (685.20) cr vs Rs (211.88) cr.

• Employee benefits expense: Rs 275.61 cr vs Rs 245.21 cr.

• Finance costs: Rs 164.79 cr vs Rs 140.83 cr.

• Depreciation and amortisation expenses: Rs 298.95 cr vs Rs 261.90 cr.

• Stores and spares consumed: Rs 568.47 cr vs Rs 546.81 cr.

• Power and fuel: Rs 865.06 cr vs Rs 686.04 cr.

• Other expenses: Rs 705.42 cr vs Rs 760.24 cr.

• Total expenses: Rs 11,904.70 cr vs Rs 9,907.66 cr.

• Profit before exceptional items, share of net profit of investments accounted for using equity method and tax: Rs 1,102.89 cr vs Rs 1,074.80 cr.

• Share of net profit / (loss) of investments accounted for using equity method: Rs (18.11) cr vs Rs (13.79) cr.

• Profit before exceptional items and tax: Rs 1,084.78 cr vs Rs 1,061.01 cr.

• Exceptional items: Rs 116.41 cr vs Rs 17.41 cr.

• Profit before tax: Rs 1,201.19 cr vs Rs 1,078.42 cr.

• Current tax: Rs 285.97 cr vs Rs 258.02 cr.

• Deferred tax: Rs 17.46 cr vs Rs 11.33 cr.

• Taxes pertaining to earlier years: Rs 0.01 cr vs Rs 1.15 cr.

• Profit for the period: Rs 897.75 cr vs Rs 807.92 cr.

• Total other comprehensive income: Rs 12.54 cr vs Rs 7.99 cr.

• Total comprehensive income for the period: Rs 910.29 cr vs Rs 815.91 cr.

• Profit attributable to owners of the parent: Rs 894.58 cr vs Rs 806.94 cr.

• Profit attributable to non-controlling interests: Rs 3.17 cr vs Rs 0.98 cr.

• Other comprehensive income attributable to owners of the parent: Rs 12.54 cr vs Rs 7.99 cr.

• Total comprehensive income attributable to owners of the parent: Rs 907.12 cr vs Rs 814.93 cr.

• Total comprehensive income attributable to non-controlling interests: Rs 3.17 cr vs Rs 0.98 cr.

• Paid-up equity share capital (face value of Rs 2 each): Rs 164.84 cr vs Rs 164.74 cr.

• Earnings per share – Basic (in Rs): 10.85 vs 9.80.

• Earnings per share – Diluted (in Rs): 10.84 vs 9.78.

In the consolidated statement of financial results, Jindal Stainless Ltd reported higher revenue from operations and total income for the quarter ended 30 September 2026 compared with the same quarter in the previous year. Total expenses also increased, led by higher cost of materials consumed, power and fuel, finance costs and depreciation and amortisation expenses.

Profit before exceptional items and tax was slightly higher year-on-year. Exceptional items in the current quarter were larger than in the prior-year quarter, and profit before tax and profit for the period both rose compared with the corresponding quarter a year earlier. Earnings per share, both basic and diluted, were higher than in the same quarter of the previous year, based on the figures reported in the statement of financial results.

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Jindal Stainless Q2 FY27 Results: Revenue Rs 12,873.86 cr | Cruxal