Jindal Steel Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	532,249	497,650	500,268	527,112	510,856
Revenue	532,249	497,650	500,268	527,112	510,856
Revenue Growth (YoY)	6.95%	-0.52%	-5.09%	3.18%	47.90%
Cost of Revenue	252,649	239,586	222,814	246,815	207,579
Gross Profit	279,600	258,064	277,454	280,297	303,277
Selling, General & Admin	12,509	12,171	13,031	11,484	8,806
Other Operating Expenses	170,497	152,586	162,868	170,889	140,786
Operating Expenses	214,720	203,612	204,116	209,282	170,559
Operating Income	64,881	54,452	73,338	71,015	132,718
Interest Expense	-15,166	-13,751	-12,808	-13,149	-18,233
Interest & Investment Income	-	2,188	2,014	1,706	1,188
Earnings From Equity Investments	-151.3	-90.7	-1	-1.5	-2.3
Currency Exchange Gain (Loss)	-	1,666	463.5	1,538	1,904
Other Non Operating Income (Expenses)	3,282	-969.4	-1,390	-2,808	-1,667
EBT Excluding Unusual Items	52,845	43,496	61,616	58,300	115,907
Impairment of Goodwill	-	-	-	-3,926	-
Gain (Loss) on Sale of Investments	-	1,087	806.2	363.2	338.7
Gain (Loss) on Sale of Assets	-	-31.7	-9.1	-72	-19.9
Asset Writedown	-8,336	-	-	-1,506	-2,358
Other Unusual Items	-377.6	-1,115	-	-8,304	-2,139
Pretax Income	44,132	43,436	62,413	44,855	111,728
Income Tax Expense	10,523	14,979	2,980	12,923	29,245
Earnings From Continuing Operations	33,609	28,457	59,433	31,932	82,483
Earnings From Discontinued Operations	-	-	-	228.6	-25,020
Net Income to Company	33,609	28,457	59,433	32,161	57,463
Minority Interest in Earnings	65.1	-335.5	-49	-421.3	67.3
Net Income	33,674	28,121	59,384	31,739	57,531
Net Income to Common	33,674	28,121	59,384	31,739	57,531
Net Income Growth	19.74%	-52.64%	87.10%	-44.83%	58.33%
Shares Outstanding (Basic)	1,017	1,011	1,004	1,006	1,020
Shares Outstanding (Diluted)	1,017	1,011	1,004	1,006	1,020
Shares Change (YoY)	0.60%	0.66%	-0.24%	-1.33%	-0.01%
EPS (Basic)	33.12	27.83	59.15	31.54	56.40
EPS (Diluted)	33.12	27.83	59.15	31.54	56.40
EPS Growth	19.03%	-52.96%	87.55%	-44.08%	58.33%
Free Cash Flow	-23,699	2,169	-25,087	8,989	131,033
Free Cash Flow Per Share	-23.31	2.15	-24.99	8.93	128.46
Dividend Per Share	2.000	2.000	2.000	2.000	3.000
Dividend Growth	-	-	-	-33.33%	-
Gross Margin	52.53%	51.86%	55.46%	53.18%	59.37%
Operating Margin	12.19%	10.94%	14.66%	13.47%	25.98%
Profit Margin	6.33%	5.65%	11.87%	6.02%	11.26%
Free Cash Flow Margin	-4.45%	0.44%	-5.01%	1.70%	25.65%
EBITDA	96,595	81,821	100,965	97,267	171,468
EBITDA Margin	18.15%	16.44%	20.18%	18.45%	33.56%
D&A For EBITDA	31,715	27,369	27,627	26,252	38,750
EBIT	64,881	54,452	73,338	71,015	132,718
EBIT Margin	12.19%	10.94%	14.66%	13.47%	25.98%
Effective Tax Rate	23.84%	34.48%	4.77%	28.81%	26.17%
Revenue as Reported	535,531	499,325	501,834	527,682	511,359

Source: S&P Global Market Intelligence. Standard template. Financial Sources.