JSL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Jindal Stainless Ltd reported sales of ₹12,874 Cr, operating profit of ₹1,415 Cr (OPM 11%) and net profit of ₹898 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
JSL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
9,907
10,198
10,207
10,893
10,518
11,337
11,279
12,874
Expenses
8,714
9,165
8,911
9,519
9,110
9,882
9,949
11,459
Operating Profit
1,193
1,033
1,296
1,374
1,408
1,455
1,329
1,415
OPM
12%
10%
13%
13%
13%
13%
12%
11%
Other Income
99
87
69
107
77
84
153
250
Interest
161
150
144
141
134
149
146
165
Depreciation
242
241
252
262
269
278
302
299
Profit before tax
890
729
969
1,078
1,082
1,112
1,034
1,201
Tax
26%
19%
26%
25%
24%
25%
26%
25%
Net Profit
654
590
715
808
828
834
769
898
EPS in Rs
7.95
7.17
8.67
9.79
10.05
10.23
9.33
10.85
JSL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
32,733
35,697
38,562
39,312
42,955
46,007
Expenses
27,642
32,111
34,052
34,844
37,473
40,400
Operating Profit
5,090
3,586
4,511
4,469
5,482
5,607
OPM
16%
10%
12%
11%
13%
12%
Other Income
171
236
515
438
388
564
Interest
344
325
554
612
568
594
Depreciation
759
724
879
956
1,060
1,148
Profit before tax
4,159
2,774
3,592
3,339
4,242
4,429
Tax
25%
25%
25%
25%
25%
-
Net Profit
3,109
2,084
2,693
2,500
3,185
3,328
EPS in Rs
58.59
25.68
32.95
30.41
38.74
40.46
Dividend Payout
0%
10%
9%
10%
10%
-
JSL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
165
165
165
165
165
Reserves
14,193
16,523
17,915
19,626
21,088
Borrowings
6,052
6,402
6,862
7,460
7,645
Other Liabilities
10,355
12,827
14,136
13,189
15,533
Total Liabilities
30,765
35,917
39,078
40,441
44,431
Fixed Assets
13,254
14,800
15,072
18,217
16,753
CWIP
1,112
1,783
3,923
1,806
2,887
Investments
1,246
1,646
1,383
1,547
2,078
Other Assets
15,152
17,688
18,700
18,871
22,713
Total Assets
30,765
35,917
39,078
40,441
44,431
JSL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
1,038
3,096
4,818
4,718
3,395
Cash from Investing Activity
-985
-2,480
-3,229
-3,433
-3,500
Cash from Financing Activity
101
-386
-829
-1,882
-112
Net Cash Flow
154
229
760
-597
-217
Free Cash Flow
70
1,448
3,367
2,890
755
CFO/OP
37%
107%
123%
119%
80%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit