Jindal Stainless Q1 FY27 earnings

Jindal Stainless reported Q1 FY27 (April-June 2026) consolidated net revenue of Rs 11,279 crore, up 10.5% YoY, and net profit of Rs 769 crore, up 7.6% YoY. EBITDA rose 1.5% to Rs 1,329 crore. Finished goods sales volume fell 7.3% to 580,805 metric tonnes due to temporary production moderation caused by industrial gas supply disruptions from the Middle East crisis. The company mitigated the impact by shifting to piped natural gas. Demand remained strong across mobility, infrastructure, manufacturing, and consumer sectors, with automotive and special-grade volumes as key drivers. Exports held steady at 11% of sales mix, with growth in South Korea, Japan, and Brazil. The company reduced emission intensity at its Hisar facility by 12%, commissioned energy-efficient equipment, expanded its Jindal Saathi network, and introduced new stainless steel grades. Managing Director Abhyuday Jindal urged the government to check rising imports from China and not extend quality control orders.