Jindal Steel Limited (NSE:JINDALSTEL)

Jindal Steel Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	489,142	497,650	500,268	527,112	510,856	345,405
Revenue	489,142	497,650	500,268	527,112	510,856	345,405
Revenue Growth (YoY)	-2.21%	-0.52%	-5.09%	3.18%	47.90%	13.28%
Cost of Revenue	224,471	239,586	222,814	246,815	207,579	110,139
Gross Profit	264,671	258,064	277,454	280,297	303,277	235,266
Selling, General & Admin	12,655	12,171	13,031	11,484	8,806	8,308
Other Operating Expenses	158,237	152,586	162,868	170,889	140,786	96,931
Operating Expenses	210,669	203,612	204,116	209,282	170,559	129,381
Operating Income	54,002	54,452	73,338	71,015	132,718	105,886
Interest Expense	-13,853	-13,751	-12,808	-13,149	-18,233	-26,346
Interest & Investment Income	2,188	2,188	2,014	1,706	1,188	774.4
Earnings From Equity Investments	-91.2	-90.7	-1	-1.5	-2.3	-
Currency Exchange Gain (Loss)	1,666	1,666	463.5	1,538	1,904	1,041
Other Non Operating Income (Expenses)	-1,139	-969.4	-1,390	-2,808	-1,667	-1,684
EBT Excluding Unusual Items	42,774	43,496	61,616	58,300	115,907	79,670
Impairment of Goodwill	-	-	-	-3,926	-	-
Gain (Loss) on Sale of Investments	1,087	1,087	806.2	363.2	338.7	44.5
Gain (Loss) on Sale of Assets	-31.7	-31.7	-9.1	-72	-19.9	-12.8
Asset Writedown	-	-	-	-1,506	-2,358	-142.2
Other Unusual Items	-1,115	-1,115	-	-8,304	-2,139	2,959
Pretax Income	42,714	43,436	62,413	44,855	111,728	82,519
Income Tax Expense	14,930	14,979	2,980	12,923	29,245	18,108
Earnings From Continuing Operations	27,783	28,457	59,433	31,932	82,483	64,411
Earnings From Discontinued Operations	-	-	-	228.6	-25,020	-25,183
Net Income to Company	27,783	28,457	59,433	32,161	57,463	39,228
Minority Interest in Earnings	-350.6	-335.5	-49	-421.3	67.3	-2,893
Net Income	27,433	28,121	59,384	31,739	57,531	36,336
Net Income to Common	27,433	28,121	59,384	31,739	57,531	36,336
Net Income Growth	-45.84%	-52.64%	87.10%	-44.83%	58.33%	-
Shares Outstanding (Basic)	1,014	1,011	1,004	1,006	1,020	1,020
Shares Outstanding (Diluted)	1,014	1,011	1,004	1,006	1,020	1,020
Shares Change (YoY)	0.74%	0.66%	-0.24%	-1.33%	-0.01%	0.51%
EPS (Basic)	27.06	27.83	59.15	31.54	56.40	35.62
EPS (Diluted)	27.06	27.83	59.15	31.54	56.40	35.62
EPS Growth	-46.23%	-52.96%	87.55%	-44.08%	58.33%	-
Free Cash Flow	-623.9	2,169	-25,087	8,989	131,033	111,028
Free Cash Flow Per Share	-0.61	2.15	-24.99	8.93	128.46	108.84
Dividend Per Share	2.000	2.000	2.000	2.000	3.000	-
Dividend Growth	-	-	-	-33.33%	-	-
Gross Margin	54.11%	51.86%	55.46%	53.18%	59.37%	68.11%
Operating Margin	11.04%	10.94%	14.66%	13.47%	25.98%	30.65%
Profit Margin	5.61%	5.65%	11.87%	6.02%	11.26%	10.52%
Free Cash Flow Margin	-0.13%	0.44%	-5.01%	1.70%	25.65%	32.14%
EBITDA	82,293	81,821	100,965	97,267	171,468	143,492
EBITDA Margin	16.82%	16.44%	20.18%	18.45%	33.56%	41.54%
D&A For EBITDA	28,290	27,369	27,627	26,252	38,750	37,606
EBIT	54,002	54,452	73,338	71,015	132,718	105,886
EBIT Margin	11.04%	10.94%	14.66%	13.47%	25.98%	30.65%
Effective Tax Rate	34.95%	34.48%	4.77%	28.81%	26.17%	21.94%
Revenue as Reported	490,647	499,325	501,834	527,682	511,359	350,726

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.