Jindal Stainless Limited (JSL), India’s largest stainless steel producer, has reported a 32% year-on-year increase in consolidated net profit, reaching INR 8.06 billion (US$90.96 million) for the July–September quarter (Q2 FY2025–26).
The company’s total revenue rose 11.4% year on year to INR 108.92 billion (US$1.23 billion), driven by steady demand across key industrial segments, JSL said in a statement.
Strong performance came from industrial pipes and tubes, lifts and elevators, metro projects, and railway coaches and wagons, while the white goods sector also rebounded on the back of festive season demand.
“Consistent demand across infrastructure and consumer sectors has supported both volume and value growth,” the company noted.
The results reinforce Jindal Stainless’s position as a key driver of India’s stainless steel growth story, amid a broader push toward infrastructure expansion and sustainable manufacturing.
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