Jindal Steel Ltd share price gained 0.89% to Rs 1029.7 after the company's net profit slipped by 8.67% to Rs 770.64 crore, while revenue from operations slightly gained 7.73% to Rs 16678.54 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.11 lakh crore, gaining 1.82%. It has softened by 1.16% over last one week and dipped slightly by 2.27% in last one month while the market capitalization of Jindal Steel Ltd has eased by 1.03% and 0.60% in the same period respectively.
Profit before tax (PBT) of Jindal Steel Ltd stood at Rs 1083.56 crore in Q3 FY26, climbing 10.31% year-on-year, and retreating 10.05% quarter-on-quarter. EBITDA came in at Rs 2547 crore, jumping 23.70% YoY and slipping 3.56% sequentially.
Total expenses inched up 9.49% to Rs 15052.91 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 7263.63 crore, marginally falling by 6.17% YoY, while employee benefits expense was at Rs 385.69 crore, inching up 5% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 6.95% to Rs 53224.92 crore, while net profit expanded by 18.10% to Rs 3360.87 crore, compared to previous TTM. EBITDA surged by 972958% to Rs 9331.31 crore, and PBT saw a minor gain of 1.60% to Rs 4413.15 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 7204.23 crore in FY26, as against Rs 10823.96 crore in FY25.
Jindal Steel Ltd inched up 2.05% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.
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