Q2 FY26 PAT falls about 58% QoQ as Angul expansion advances

Going ConcernRevenue DeclineEbitda Margin CompressionExceptional ItemResults View source PDF Explain this filing

JINDALSTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹1074.90

prior close

₹1063.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%-0.8% vs market

Iron & Steel peers, median of 9sector+2.3%-2.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty 100 and 2.5 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+1.1

15m

+1.9

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.6-0.8+2.3-2.5

Next day

-0.5+0.0-0.5+1.5-2.1

-0.6-0.6-0.0+1.5-2.1

-0.0-0.3+0.2+0.6-0.6

+0.1-0.9+0.9-0.2+0.2

-2.5-1.4-1.1-2.4-0.1

-0.2-1.1+0.9-0.9+0.7

15d

-0.6+0.9-1.5-5.1+4.5

-2.4+0.8-3.2-6.5+4.1

-7.9-0.1-7.8-5.4-2.5

+8.7-1.9+10.5+0.9+7.7

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jindal Steel's Q2 FY26 consolidated gross revenue was Rs 13,505 crore, adjusted EBITDA Rs 1,875 crore and PAT Rs 635 crore, down from Rs 1,496 crore PAT in Q1. H1 PAT was Rs 2,131 crore, down 3% year on year. Net debt was 1.48 times EBITDA. Angul added 4.6 million tonnes of blast furnace and 3 million tonnes of oxygen furnace capacity. Auditors flagged going-concern uncertainty at two overseas subsidiaries.

Likely market impact

Profit pressure may weigh on sentiment; Angul expansion supports future output, but overseas subsidiary going-concern uncertainty remains a key risk.