Jindal Stainless 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
Revenue	429,547	393,122	385,625	356,970	327,327
Revenue Growth (YoY)	9.26%	1.94%	8.03%	9.06%	168.55%
Cost of Revenue	333,999	270,469	268,618	245,789	214,332
Gross Profit	95,548	122,653	117,007	111,181	112,994
Selling, General & Admin	9,888	8,912	6,730	5,899	5,721
Other Operating Expenses	30,056	68,618	65,170	70,129	53,762
Operating Expenses	50,546	87,091	80,688	83,265	67,074
Operating Income	45,001	35,561	36,320	27,916	45,921
Interest Expense	-5,679	-5,368	-4,765	-2,685	-2,920
Interest & Investment Income	-	2,302	1,164	496.5	270.5
Earnings From Equity Investments	167.3	-437	531.3	1,100	1,007
Currency Exchange Gain (Loss)	-	1,544	1,935	707.5	-2,607
Other Non Operating Income (Expenses)	3,515	-326.3	-556.2	63.9	-294.6
EBT Excluding Unusual Items	43,004	33,276	34,629	27,598	41,377
Impairment of Goodwill	-373.4	-	-	-	-
Gain (Loss) on Sale of Investments	-	48.5	78.2	19	5.1
Other Unusual Items	-210	-70.6	991.5	-	-
Pretax Income	42,421	33,390	35,925	27,740	41,590
Income Tax Expense	10,575	8,392	8,990	6,901	10,497
Earnings From Continuing Operations	31,846	24,997	26,935	20,838	31,094
Minority Interest in Earnings	88.8	54.8	197.3	306.7	-305.7
Net Income	31,935	25,052	27,132	21,145	30,788
Net Income to Common	31,935	25,052	27,132	21,145	30,788
Net Income Growth	27.47%	-7.67%	28.31%	-31.32%	634.40%
Shares Outstanding (Basic)	824	823	823	823	796
Shares Outstanding (Diluted)	825	824	824	823	815
Shares Change (YoY)	0.16%	0.02%	0.04%	1.04%	64.78%
EPS (Basic)	38.76	30.42	32.95	25.68	38.70
EPS (Diluted)	38.70	30.41	32.94	25.68	37.78
EPS Growth	27.26%	-7.68%	28.28%	-32.03%	345.52%
Free Cash Flow	7,368	28,329	33,432	14,399	669.8
Free Cash Flow Per Share	8.93	34.38	40.59	17.49	0.82
Dividend Per Share	4.000	3.000	3.000	1.500	-
Dividend Growth	33.33%	-	100.00%	-	-
Gross Margin	22.24%	31.20%	30.34%	31.15%	34.52%
Operating Margin	10.48%	9.05%	9.42%	7.82%	14.03%
Profit Margin	7.43%	6.37%	7.04%	5.92%	9.41%
Free Cash Flow Margin	1.71%	7.21%	8.67%	4.03%	0.21%
EBITDA	55,604	44,670	44,648	34,752	53,106
EBITDA Margin	12.95%	11.36%	11.58%	9.74%	16.22%
D&A For EBITDA	10,603	9,108	8,329	6,836	7,185
EBIT	45,001	35,561	36,320	27,916	45,921
EBIT Margin	10.48%	9.05%	9.42%	7.82%	14.03%
Effective Tax Rate	24.93%	25.14%	25.02%	24.88%	25.24%
Revenue as Reported	433,061	396,031	387,316	358,233	328,033
Advertising Expenses	-	165.4	103.4	349.6	64.4

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