JTL Industries reports strong Q2 FY26 performance, expands capacity

JTL Industries announced a strong Q2 FY26 performance, with EBITDA increasing by 48% quarter-on-quarter to ₹346.53 Mn and PAT growing 34% QoQ to ₹221 Mn, reflecting enhanced product mix and cost efficiencies. Revenue from operations stood at ₹4,293 Mn, with sales volume reaching 81,593 MT. Value-added products contributed a significant 28% to the total sales mix.

The company achieved a key technological milestone by producing its first batch of 0.04 mm ultra-thin brass foil, marking entry into the specialized defense and industrial foil segment. JTL also announced a major capacity expansion, including a new ERW pipe manufacturing line, and plans to double Mandi's HR coil capacity by the end of FY26.

Total installed capacity for Mangaon is now 450,000 MTPA, with an additional 300,000 MTPA of ARW/API-grade ERW pipes and 400,000 MTPA of GI COIL capacity slated for commissioning by Q3 FY26. JTL anticipates sales volume growth of 20-25% from FY24 to FY25, driven by increased value-added products.