Jindal Stainless Ltd share price declined by 0.44% to Rs 734.4 after the company's net profit softened by 7.86% to Rs 768.66 crore, while revenue from operations eased by 0.52% to Rs 11278.54 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.95 lakh crore, declining 5.78%. It has inched up 2.70% over last one week and edged lower by 4.67% in last one month while the market capitalization of Jindal Stainless Ltd has marginally improved by 1.44% and 5.80% in the same period respectively. Profit before tax (PBT) of Jindal Stainless Ltd stood at Rs 1033.59 crore in Q2 FY26, gaining 6.66% year-on-year, and slipping 7.08% quarter-on-quarter. EBITDA came in at Rs 1211 crore, slipping 2.43% YoY and retreating 11.24% sequentially. Total expenses saw a slight increase of 0.90% to Rs 10251.76 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7860.99 crore, advancing by 16.96% YoY, while employee benefits expense was at Rs 292.61 crore, surging 20.13% YoY. For the TTM ended FY26, revenue from operations inched higher 1.94% to Rs 39312.21 crore, while net profit slipped by 7.19% to Rs 2499.72 crore, compared to previous TTM. EBITDA surged by 461146% to Rs 4375.78 crore, and PBT softened 7.06% to Rs 3338.96 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 4718.36 crore in FY26, as against Rs 4818.13 crore in FY25. Jindal Stainless Ltd rose by 5.78% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.81% during the same period.
