Jindal Steel and Power limited declared results

Jindal Steel & Power Ltd. (JSPL) Q4 FY26 Earnings Summary Executive Overview Jindal Steel & Power Ltd. has delivered a highly robust financial performance for the fourth quarter ended March 31, 2026. Characterized by record production volumes and surging domestic demand, the company successfully engineered a massive turnaround, returning to substantial profitability and strengthening its operational footprint. Financial Highlights (Q4 FY26) Profitability: JSPL posted a consolidated net profit of ₹1,041 crore, marking a dramatic reversal from the ₹304 crore net loss reported in the corresponding quarter last year. Sequentially, net profit jumped over fivefold from ₹189 crore in Q3 FY26. Revenue Growth: Total income for the quarter surged nearly 25% year-on-year, reaching ₹16,484.28 crore, up from ₹13,254.94 crore in Q4 FY25. Annual Performance: For the full fiscal year (FY26), net profit rose 20% to ₹3,361 crore. Total annual income expanded to ₹53,553.14 crore compared to ₹49,932.48 crore in the preceding fiscal year. Leverage & Capex: The company executed a total capital expenditure of ₹2,573 crore during the quarter. As of March 31, 2026, consolidated net debt stood at ₹16,019 crore. Operational & Strategic Milestones Record Volumes: The company achieved its highest-ever annual production and sales in FY26. Crude steel production grew by 14% year-on-year to 9.25 million tonnes (MT), while sales grew 9% year-on-year to 8.68 MT. Capacity Expansion: JSPL successfully expanded its steelmaking capacity to 15.6 MTPA following the commissioning of its new BOF3 facility. Raw Material Security: Further cementing its supply chain, JSPL was declared the preferred bidder for the Thakurani-A1 iron ore block, securing long-term raw material availability. Shareholder Value Dividend: The Board of Directors has recommended a final dividend of ₹2 per equity share for the financial year, subject to shareholder approval. Conclusion