Jindal Stainless Reports 7.6 Percent Profit Growth for Q1 FY27

Jindal Stainless Limited reported a consolidated net profit of approximately ₹769 crore for the first quarter of fiscal year 2026-27, representing an increase of 7.5% to 7.6%. Consolidated revenue from operations grew 10.5% year-on-year to ₹11,278.54 crore, fueled by high demand in the manufacturing, infrastructure, and automotive sectors along with increased volumes of special-grade steel.

The company faced operational hurdles due to geopolitical disruptions in the Middle East, which restricted the availability of industrial gas. Despite these challenges, exports remained stable and currently comprise 11% of the company's total sales mix.

In addition to financial growth, the company expanded its sustainability efforts by investing ₹23.41 crore into Oyster Green Hybrid One Private Limited for a 282 MW renewable energy project. Jindal Stainless also reduced greenhouse gas emission intensity at its Hisar facility by 12%.