Jindal Steel posts record value-added sales of 72%

Jindal Steel reported gross revenue of INR 14,336 cr and adjusted EBITDA of INR 2,984 cr for Q1FY26, with profit after tax of INR 1,496 cr. Production reached 2.09 MT with sales of 1.90 MT.

The company commissioned a Continuous Galvanizing Line, a 3.6 MTPA twin strand slab caster, and a 1,710 TPD oxygen plant at Angul. Value-added sales hit a record 72%. Net debt to EBITDA ratio stood at 1.49x.