Jindal Stainless Q3 Results: Profit up 27% YoY, margin improves; dividend declared

Jindal Stainless Ltd reported a strong set of earnings for the third quarter, with net profit rising 26.6% year-on-year, supported by higher revenue, improved operating performance and margin expansion.

The company posted a net profit of ₹828.8 crore for the quarter, compared with ₹654.3 crore in the corresponding period last year. Revenue rose 6.2% year-on-year to ₹10,517.6 crore from ₹9,907.3 crore.

EBITDA increased 16.6% to ₹1,408 crore from ₹1,207.5 crore a year ago, while operating margins expanded

to 13.4% from 12.2% in the year-ago quarter, reflecting improved profitability.

Alongside the earnings, the board of directors approved the payment of an interim dividend at 50%, amounting to Re 1 per equity share of face value ₹2 for the financial year 2025–26. The record date for determining eligible shareholders has been fixed as Thursday, January 29, 2026. The interim dividend will be paid on or before February 19, 2026.

The board also approved the reappointment of Shruti Shrivastava, Aarti Gupta and Ajay Mankotia as independent directors of the company for a second term of three consecutive years. The company said the directors have confirmed that they are not debarred from holding office by any order of the Securities and Exchange Board of India or any other authority.

Ahead of the earnings announcement, shares of Jindal Stainless Ltd closed at ₹754 on the NSE, down 0.72%.