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Jindal Steel has received upgrade in credit ratings for long term bank facilities and non-convertible debentures at ICRA AA+; Stable while the short term bank facilities have received affirmation in credit rating at ICRA A1+.

Net profit of Jindal Steel declined 43.45% to Rs 844.79 crore in the quarter ended June 2026 as against Rs 1493.97 crore during the previous quarter ended June 2025. Sales rose 25.93% to Rs 15482.13 crore in the quarter ended June 2026 as against Rs 12294.48 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales15482.1312294.48 26 OPM %17.1824.45 - PBDT2131.002739.39 -22 PBT1204.582017.88 -40 NP844.791493.97 -43 Powered by Capital Market - Live News

Jindal Steel will hold a meeting of the Board of Directors of the Company on 24 July 2026.

Jindal Steel has received revision in credit ratings from CARE Ratings as under - Long term bank facilities - CARE AA+; Stable (upgraded) Short term bank facilities - CARE A1+ (reaffirmed) Proposed Non convertible debentures issue - CARE AA+; Stable (upgraded)

Jindal Steel announced that the Board of Directors of the Company at its meeting held on 1 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.