Shares of Jindal Stainless Ltd (JSL) climbed over 2% in early trade on Tuesday after the company reported strong financial performance for the July–September quarter of FY25. The stainless steel giant posted a healthy growth in both revenue and profit, supported by robust demand and improved operational efficiency.
In its consolidated Q2 FY25 results, Jindal Stainless reported a 6.7% rise in revenue to ₹10,893 crore compared to ₹10,207 crore in the previous quarter. The company’s EBITDA stood at ₹1,389 crore, up 6% quarter-on-quarter, while EBITDA margin saw a marginal contraction to 12.7% from 12.8% in Q1 FY25.
The company’s net profit surged 13% to ₹807 crore, as against ₹714 crore in the previous quarter, reflecting strong operational momentum and cost management.
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