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CNBC TV1821-01-2026, 16:11

Jindal Stainless Q3 Profit Jumps 27% YoY, Declares Dividend

  • Jindal Stainless reported a 26.6% year-on-year increase in net profit, reaching ₹828.8 crore in Q3.
  • Revenue for the quarter rose by 6.2% to ₹10,517.6 crore.
  • EBITDA saw a 16.6% increase to ₹1,408 crore, with operating margins expanding to 13.4%.
  • The board approved an interim dividend of Re 1 per equity share for FY25-26, payable by February 19, 2026.
  • Shruti Shrivastava, Aarti Gupta, and Ajay Mankotia were reappointed as independent directors for a second term.

Why It Matters: Jindal Stainless achieved significant Q3 profit growth and improved margins, alongside a dividend declaration.

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