Jindal Steel Q2 Results: Profit More Than Halves, Revenue Declines 5% (Photo: company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jindal Steel Ltd.'s net profit for the second quarter of FY26 dipped 57% sequentially, as per the financial results announced by the company on Tuesday.

The company reported a consolidated bottom line of Rs 638.23 crore against Rs 1,493.97 crore in the previous quarter, according to an exchange filing.

Revenue also saw a 5% decline to Rs 11,685.88 crore from Rs 12,294.48 crore in quarter ended June 30.

Earnings before interest tax depreciation and amortisation stood at Rs 2,081.03 crore, down 31% from Rs 3,005.63 crore while margins contracted to 17.8% from 24.4%.

Jindal Steel also informed that it has appointed Gautam Malhotra

See Full Page