John Cockerill India reports strong Q3 CY25 performance, eyes global metals consolidation

John Cockerill India Limited (JCIL) reported Q3 CY25 revenue of INR 969.8 million, a 27.5% increase year-on-year, and a substantial rise in EBITDA to INR 113.2 million from INR -86.4 million in Q3 CY24. Profit after tax (PAT) also saw significant improvement, reaching INR 89.2 million compared to INR -75.0 million in the previous year. The company's order book doubled between Q2 and Q3, reaching INR 11,291 million, indicating strong customer confidence.

The company is undertaking a strategic acquisition/restructuring plan to consolidate the John Cockerill Group's Metals business under JCIL. This involves JCIL acquiring a 100% stake in John Cockerill Metals International SA for a consideration not exceeding €50 million, with a deferred payment facility over five years. This move aims to create a more focused and agile structure, leveraging India as a hub for global Metals consolidation.

JCIL is also enhancing its after-sale capabilities by partnering with Advanced Coatings SA to provide high-performance Rolls Coating services in India. A new Rolls Coating shed is expected to be commissioned at the Taloja facility in Q1 CY26. The company is committed to innovation, particularly in sustainable steelmaking technologies like Jet Vapor Deposition (JVD) and Volteron, to support decarbonization efforts in the steel industry.