Jindal Stainless Ltd  (JSL) has announced its financial results for Q1 FY26, reporting a standalone sales volume of 626,252 tonne, an increase of 8.3 per cent compared to the same period last year. Standalone net revenue stood at Rs 10,341 crore, with EBITDA at Rs 1,048 crore and profit after tax at Rs 642 crore, reflecting solid year-on-year growth.

On a consolidated basis, the company reported revenue of Rs 10,207 crore, EBITDA of Rs 1,310 crore, and profit after tax of Rs 715 crore, recording year-on-year growth of 8.2 per cent, 8.1 per cent, and 10.6 per cent, respectively. The net debt-to-equity ratio remained low at 0.2, indicating strong financial stability.

Robust demand from automotive, metro, white goods, and elevator sectors supported growth in the domestic market. Meanwhile, export volumes remained stable despite global trade uncertainties, driven by a focused approach to value-added solutions and customer engagement.

The company has advanced its innovation agenda by dispatching India’s first commercial batch of 9Cr1Mo plates to BHEL, supplying a high Nickel 304 grade for L&T, and completing an export of martensitic grade 1.4110 for specialised knife applications. JSL has also supplied stainless steel to the Indore Metro project and supported clean energy solutions through its defence and aerospace division.

Jindal Stainless continued its sustainability efforts with LEED Platinum certification for its Gurugram office and a plastic waste collection drive totalling 13.5 tonne. The Stainless Academy trained over 3,000 fabricators during the quarter, bringing the total trained workforce to over 53,000.

The company achieved ISO 27001 certification in May 2025 and introduced Project Pragati at its Hisar plant, integrating digital manufacturing systems to improve planning, reduce lead times, and optimise inventory.

Recognised across the industry, JSL has received multiple awards for manufacturing competitiveness, environment management, and ESG excellence.

Commenting on the results, Abhyuday Jindal, Managing Director, has stated, “This quarter reflects our resilience and commitment to innovation, sustainability, and customer success. As stainless steel becomes central to infrastructure and green development, a national stainless steel policy is the need of the hour.”

With strong fundamentals, a focus on strategic sectors, and continued investment in R&D and digital transformation, Jindal Stainless is well-positioned for the year ahead.