Key Financial Figures - Standalone (₹ crore)

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹15,270.45
  • Total Income: ₹15,289.22
  • Profit Before Tax: ₹1,170.35
  • Net Profit After Tax: ₹860.65
  • Basic EPS: ₹8.46
  • Diluted EPS: ₹8.46

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹30,545.93
  • Total Income: ₹30,580.99
  • Profit Before Tax: ₹2,643.94
  • Net Profit After Tax: ₹1,946.62
  • Basic EPS: ₹19.13
  • Diluted EPS: ₹19.12

Comparative Figures (Q2 FY26)

  • Revenue from Operations: ₹12,108.60
  • Total Income: ₹12,119.03
  • Profit Before Tax: ₹1,244.04
  • Net Profit After Tax: ₹920.67
  • Basic EPS: ₹9.06
  • Diluted EPS: ₹9.06

Key Financial Figures - Consolidated (₹ crore)

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹16,678.54
  • Total Income: ₹16,703.54
  • Profit Before Tax: ₹1,083.56
  • Net Profit After Tax: ₹771.64
  • Basic EPS: ₹7.61
  • Diluted EPS: ₹7.61

Half-Yearly Performance (H1 FY27)

  • Revenue from Operations: ₹32,160.67
  • Total Income: ₹32,204.86
  • Profit Before Tax: ₹2,288.14
  • Net Profit After Tax: ₹1,614.44
  • Basic EPS: ₹15.91
  • Diluted EPS: ₹15.91

Operational Metrics from Press Release

  • Crude Steel Production (Q2 FY27): 2.40 million tonnes
  • Steel Sales (Q2 FY27): 2.38 million tonnes (up 27% YoY)
  • Gross Revenue (Q2 FY27): ₹19,448 crore (record high)
  • EBITDA (Q2 FY27): ₹2,504 crore
  • Net Debt: ₹14,786 crore
  • Net Debt/EBITDA: 1.51x

Significant Developments

Subsidiary Investments

  • Company holds equity investment of ₹575.73 crore in Jindal Steel (Mauritius) Limited with outstanding loan balance of ₹4,769.02 crore
  • During H1 FY27, invested ₹845.00 crore in Optionally Convertible Redeemable Preference Shares of Jindal Steel Odisha Limited

ESOP Scheme

  • Granted 617,703 stock options to eligible employees under ESOP Scheme 2022
  • ESOP expense recognized: ₹4.90 crore (Q2), ₹10.05 crore (H1)
  • Trust sold 484,264 equity shares not backed by ESOP grants, recognizing net gain of ₹20.38 crore

Operational Achievements

  • Commissioned 18 MTPA Barbil-Angul iron ore slurry pipeline (192 km)
  • Awarded Guinness World Record for world's longest road built with processed steel slag (1.85 km)
  • Received World Steel Association's 2026 Steelie Award for Excellence in People
  • Strategic partnership with IIT Hyderabad for steel research and development

Capital Structure

  • Paid-up Equity Share Capital: ₹101.80 crore (face value ₹1 per share)
  • Other Equity (Standalone): ₹54,831.29 crore

Assets and Liabilities (Standalone as of September 30, 2026)

  • Total Assets: ₹81,829.98 crore
  • Property, Plant and Equipment: ₹40,712.11 crore
  • Inventories: ₹5,839.03 crore
  • Borrowings (Non-current): ₹5,010.17 crore
  • Borrowings (Current): ₹1,635.28 crore

Cash Flow (Standalone H1 FY27)

  • Net Cash from Operating Activities: ₹3,390.87 crore
  • Net Cash used in Investing Activities: ₹1,937.11 crore
  • Net Cash used in Financing Activities: ₹1,750.08 crore

Entities Included in Consolidation

Consolidated results include 36 subsidiaries/step-down subsidiaries, 4 joint ventures, and 4 associates as listed in Annexure 1 of the report.

Forward-looking Statements

Document contains cautionary statements about forward-looking information involving risks and uncertainties regarding market conditions, competition, demand fluctuations, and operational challenges.