Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Thakurani-A1 Iron Ore Block, with an area of 202 Ha in Keonjhar, Odisha, after the conclusion of the online auction, committing to pay a 101.20 per cent Premium to the Government.The Thakurani-A1 Iron Ore Block was part of a recent auction round for 12 virgin mineral blocks notified by the Odisha Directorate of Mines and Geology in December 2025. The virgin block is G3-level explored with around 50 million tonnes of iron ore resources as per the Government document.Powered by Capital Market - Live News

Jindal Steel has granted 66,340 stock options under Jindal Steel Employee Benefit Scheme - 2022. Powered by Capital Market - Live News

Net profit of Jindal Steel declined 79.96% to Rs 190.43 crore in the quarter ended December 2025 as against Rs 950.48 crore during the previous quarter ended December 2024. Sales rose 10.86% to Rs 13026.63 crore in the quarter ended December 2025 as against Rs 11750.67 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales13026.6311750.67 11 OPM %12.5118.58 - PBDT1232.081897.48 -35 PBT393.431199.42 -67 NP190.43950.48 -80 Powered by Capital Market - Live News

Jindal Steel will hold a meeting of the Board of Directors of the Company on 30 January 2026.Powered by Capital Market - Live News

Jindal Steel today announced a significant expansion of its structural steel manufacturing capabilities at its Raigarh facility, under which the company will double its existing structural steel capacity from 1.2 million tonnes per annum (MTPA) to 2.4 MTPA by mid 2028. The expansion will substantially enhance the availability of heavy and ultra-heavy structural steel sections in India and reinforce Jindal Steel`s leadership in the structural steel segment.As part of the expansion roadmap, Jindal Steel will commission a new, dedicated structural steel mill, alongside advanced upstream and downstream technology upgrades. This will enable the manufacture of larger, heavier, and more complex parallel flange sections required for next-generation infrastructure and energy projects. The company currently manufactures parallel flange sections ranging from 100 mm to 900 mm, with sectional weights of up to 333 kg per metre. With the ongoing expansion, production capability will extend to ultra-heavy sections reaching 1,100 mm depth and 1,500 kg per metre.These enhanced capabilities will support growing demand from infrastructure, refinery, power, renewable energy, transmission, and high-rise construction projects, while significantly reducing India`s reliance on imported heavy structural steel sections. Powered by Capital Market - Live News