John Cockerill India reports strong financials, strategic global expansion
John Cockerill India Limited (JCIL) announced robust unaudited financial results for the quarter and nine months ended September 30, 2025. The company's order intake reached INR 5,861 million in Q3, a nearly tenfold increase from Q1, boosting the order backlog from INR 6,388 million to INR 11,291 million. Revenue growth accelerated to 18.10% in Q3, and EBITDA rose 13% sequentially over Q2 to INR 120 million. Cash position strengthened from INR 742 million in Q1 to INR 1,472 million in Q3.
In a strategic move, JCIL's board of directors approved the acquisition of the entire equity stake of John Cockerill Metals International SA (Belgium) for a consideration not exceeding €50 million. This acquisition, pending shareholder and parent company approval, aims to consolidate John Cockerill's global metals activities under an India-based listed entity, leveraging India's strong economic fundamentals and industrial policies.
The company also highlighted key project wins and milestones, including advanced tunnel furnaces for JSW JFE Electrical Steel Nashik, a Push-Pull Pickling Line for Tata Steel Jamshedpur, and a 6-Hi Reversible Cold Rolling Mill for Godawari Power & Ispat Ltd. JCIL maintains a strong safety record, with its Taloja facility achieving 4,451 consecutive safe working days.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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