BSEBoard Meeting4d ago · 3 Aug 2026, 03:15 pm

Outcome of Board Meeting held on August 3, 2026

Jindal Stainless Ltd · 532508

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Jindal Stainless Ltd's board meeting on August 3, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results will be published in newspapers as per SEBI regulations.

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Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Jindal Stainless Ltd - 532508 - Board Meeting Outcome for Outcome Of Board Meeting Under Regulations 30, 33 And 52(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 As Amended ('SEBI Listing Regulations')

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03rd August, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department, E x c h a n g e P l a z a , 5 th Floor, 1st Floor, New Trading Ring, P l o t n o . C / 1 , G B l o ck Rotunda Building, P J Towers, B a n d r a - K u r l a C o m plex, Dalal Street, Fort, Bandra (E), Mumbai – 400 001 Mumbai-400051 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Security Code No.: 532508 Security Code No.: JSL Kind Attn: Listing Section Sub.: Outcome of Board Meeting under Regulations 30, 33 and 52(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI Listing Regulations”) Dear Sirs, This is in continuation to our letters dated 23rd June, 2026 and 27th July, 2026. We wish to inform you that pursuant to the applicable provisions of the SEBI Listing Regulations, the Board of Directors (the “Board”) of Jindal Stainless Limited (the “Company”) at its meeting held today, i.e. 03rd August, 2026, inter alia, considered and approved the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2026. Copy of the aforesaid results along with the Limited Review Report(s) are enclosed herewith as Annexure 1; The Meeting commenced at 12 Noon and concluded at 03:10 P.M. The financial results will be published in the newspapers in terms of Regulation 47 and 52(8) of SEBI Listing Regulations. Please take the above information on record. Thanking you, Yours faithfully, For Jindal Stainless Limited Navneet Raghuvanshi Head-Legal, Company Secretary & Compliance Officer Walker Chandiok & Co LLP Lodha & Co LLP Chartered Accountants Chartered Accountants 21st Floor, DLF Square 12, Bhagat Singh Marg Jacaranda Marg, DLF Phase 11, New Delhi - 110 001, India Gurugram - 122 002, India Independent Auditors' Review Report on Standalone Unaudited Quarterly Financial Results of Jindal Stainless Limited pursuant to the Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Jindal Stainless Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Jindal Stainless Limited ('the Company') for the quarter ended 30 June 2026 being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Walker Chandiok & Co LLP Lodha & Co LLP Independent Auditors' Review Report on Standalone Unaudited Quarterly Financial Results of Jindal Stainless Limited pursuant to the Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Lodha & Co LLP nts Chartered Accountants o. 001076N/N500013 Firm Registration No. 301051 E/E300284 Partner Partner M UDe Im Nb :e 2r -s 6h 0i 'p \0 N 01o ': 5 0 fa9 Z0 .0 "'7 /L5 - r... - 1 . L1 00 02. M UDem INb :e 2r bs ohi 8p . .5N o i 5: 50 8 w51 \5 -15 \J Rmn, ._ ,,. 10~ 0 Place: New Delhi Place: New Delhi Date: 03 August 2026 Date: 03 August 2026 ....J55L.l'A\ ..JINDAL STAINLESS JINDAL STAINLESS LIMITED CIN: L26922HR1980PLC010901 Regd. Office: O.P.Jindal Marg, Hisar-125 005 (Haryana) Ph. No. (01662) 222471-83, Fax No. (01662) 220499, Email Id. for Investors: investorcare@jindalstainless.com, Website: www.jindalstainless.com , UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 (f in crores except per share data) For the quarter For the year ended ended Sr. No. Particulars 30 June 2026 31 March 2026 30 June 2025 31 March 2026 Audited Unaudited Unaudited Audited (Refer note 4) Income Revenue from operations 10,676.55 10,826.47 10,340.51 42,680.22 II Other income 123.88 124.19 103.38 431.93 III Total income 10,800.43 10,950.66 10,443.89 43,112.15 IV Expenses Cost of materials consumed 7,136.17 6,580.83 6,988.84 28,172.37 Purchases of stock-in-trade 197.95 82.49 88.19 326.74 Changes in inventories of finished goods, work in progress and stock-in-trade (560.55) 594.83 (127.14) 366.89 Employee benefits expense 243.34 200.64 203.80 823.68 Finance costs 104.44 94.41 99.68 381.84 Depreciation and amortisation expenses 232.58 207.97 188.71 792.61 Stores and spares consumed 573.96 503.72 482.43 1,976.64 Power and fuel 819.19 613.34 595.43 2,409.91 Other expenses 1,238.08 1,139.46 1,061.17 4,281.79 Total expenses 9,985.16 10,017.69 9,581.11 39,532.47 V Profit before exceptional items and tax 815.27 932.97 862.78 3,579.68 VI Exceptional items 182.42 156.89 VII Profit before tax 815.27 1,115.39 862.78 3,736.57 VIII Tax expense Current tax 212.71 198.46 228.17 882.34 Deferred tax (3.33) 27.09 (7.03) 12.14 Taxes pertaining to earlier years (1.73) (0.86) IX Profit for the period 605.89 891.57 641.64 2,842.95 X Other comprehensive income Items that will not be reclassified to profit or loss Items that will not be reclassified to profit or loss 22.86 22.86 Income-tax effect on above (3.26) (3.26) Total other comprehensive income/ (loss) 19.60 19.60 Total comprehensive income for the period (comprising profit and other XI 605.89 911.17 641.64 2,862.55 comprehensive income for the period) XII Paid-up Equity Share Capital (face value of z 2 each) 164.82 164.79 164.73 164.79 XIII Other equity 18,702.42 XIV Earning per share (EPS) (face value of z 2 each) a) Basic (in z) 7.35 10.82 7.79 34.51 b) Diluted (in z) 7.34 10.81 7.78 34.46 (EPS for the quarter not annualised) See accompanying notes to the financial results. SIGNED FOR _, IDENTIFICATION 4 i PURPOSES Q (')...., ~I' () ...J5L.lr\\ ..JINDAL STAINLESS JINDAL STAINLESS LIMITED Additional information of Financial Results required pursuant to Regulation 52(4) and Regulation 54(2) of Securities and Exchange [Showing first 8,000 characters — download PDF for full document]