1) Jindal Steel Ltd, formerly known as Jindal Steel and Power Ltd (JSPL), on Tuesday (August 12), reported an 11.9% year-on-year (YoY) increase in net profit at ₹1,496 crore for the first quarter that ended on June 30, 2025, easily beating the forecast.
2) At the operating level, EBITDA increased 5.8% to ₹3,005 crore in the first quarter over ₹2,840 crore last year. The CNBC-TV18 poll had predicted an EBITDA of ₹2,589 crore for this period.
3) The EBITDA margin expanded to 24.4% in the April-June quarter versus 20.85% in the year-ago period, again well over the poll’s estimate of 21.05%.
4) Revenue from operations dipped 9.7% to ₹12,294 crore against ₹13,618 crore year-on-year, narrowly missing the predicted revenue of ₹12,299 crore.
5) The company reported consolidated net debt of ₹14,400 crore as on June 30, 2025, with a consolidated net debt-to-EBITDA ratio of 1.49x. up from 1.26x.
6) Production for the quarter stood at 2.09 million tonnes (MT), down 1% quarter-on-quarter (QoQ), while sales were at 1.90 MT, a decline of 10% QoQ. Consolidated gross revenues came in at ₹14,336 crore, down 8% QoQ.
7) Overall, Results are better than expected. All this is for information. This is not a buy/sell recommendation.
Thank you,
Technofunda24