Jindal Stainless Q3 Result: Net Profit Jumps 26.5% YoY To Rs 828 Crore; 50% Dividend Declared

Jindal Stainless Q3 Result: India's stainless steel manufacturer, Jindal Stainless , on Wednesday, January 21, reported a 26.5% year-on-year surge in its net consolidated profit to Rs 828.79 crore in the third quarter for the financial year 2025-26. The company has also announced a 50% dividend payout for its shareholders.

Jindal Stainless shares ended 1.14% lower at Rs 750.10 per share on BSE with a market capitalisation of Rs 61,839.71 crore. The company had dipped to an intraday low of Rs 735.70 per share and an intraday high of Rs 757.25 per share.

Jindal Stainless Q3 Result

The company had reported a 26.5% YoY surge in its net profit (attributable to owners of the company) to Rs 828.79 crore. The company's net consolidated revenue of Rs 10,517.55 crore during the quarter under revenue against Rs 9,907.30 crore reported in the year ago period.

Jindal Stainless Q3: EBITDA, Revenue, Net Profit

Company's EBITDA (standalone) stood at Rs 1,103 crore, which was up by 10.0% on an annual basis. Additionally, EBITDA (consolidated) stood at Rs 1,408 crore, up by 16.6% on an annual basis. Net debt-to-equity ratio stood at 0.18x.

"The domestic market, where we see sustained growth and demand, remains our strategic priority, and we will further intensify efforts to expand our footprint across key sectors with a strong emphasis on innovation," stated Abhyuday Jindal, Managing Director, Jindal Stainless.

Jindal Stainless Dividend

The company's board of directors on Wednesday, approved an interim dividend of 50% for the financia year 2025-26. "The Board of Directors also approved payment of interim dividend @50% i.e. INR 1 per equity share (face value of INR 2 each) for FY26. The record date for determining the entitlement of members for the purpose of payment has been set as January 29, 2026. The dividend shall be paid on or before February 19, 2026," stated the company in its press release.

Jindal Stainless Dividend Record Date

The company's board of directors had fixed January 29 as the dividend record date to determine the eligibility of shareholders. The company shareholders are required to own Jindal Stainless Steel shares on or before the dividend record date to become eligible for the corporate action.

The company's board has cleared a second term for independent directors Shruti Shrivastava, Aarti Gupta and Ajay Mankotia. Each will serve for another three consecutive years, keeping the existing independent oversight structure in place during this new tenure approved by the directors.

According to the company, all three independent directors have provided formal confirmations on regulatory eligibility. These statements address their status under rules framed by market watchdogs and other authorities, which is a key compliance step for listed entities operating under Indian securities laws.