NEMO Selects Tenova for Louisiana DRI Plant Nippon Steel Returns to Profit in Q1 JFE Steel Produces Iron Using Green Hydrogen
Jindal Steel delivered a strong turnaround in the March 2026 quarter, reporting a consolidated net profit of ₹1,044.75 crore against a net loss of ₹339.40 crore in the same quarter last year. The company’s sales rose 23.02% to ₹16,217.93 crore, reflecting improved business momentum and stronger demand support in the steel market.
For the full financial year ended March 2026, Jindal Steel’s net profit increased 19.74% to ₹3,367.38 crore, compared with ₹2,812.13 crore in the previous year. Annual sales also grew 6.95% to ₹53,224.92 crore, showing steady revenue expansion despite a competitive market environment.
The results signal a positive recovery for the company and add confidence to India’s steel sector outlook. With stronger quarterly performance, rising sales, and improved profitability, Jindal Steel remains a key stock and industry player to watch in the domestic metals space.
Also Read : JSW Steel’s February Crude Steel Output Drops 2% Amid Vijayanagar Expansion Bhilai Steel Plant Fire Leaves Five Injured After Turbine Explosion