Jindal Stainless and Oyster Renewable Energy today announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh, marking a significant milestone in advancing clean energy adoption within India`s industrial sector.The project, developed by Oyster Renewable and set at a total investment of over Rs 2,000 crore, includes a committed investment of Rs 132 crore from Jindal Stainless. It spans Madhya Pradesh and Gujarat, with ~216 MW of solar and wind power to be generated in Madhya Pradesh and an additional 99 MW in Gujarat. The project is currently being commissioned in phases, starting with the Madhya Pradesh facility, to be followed by the commissioning of the Gujarat facility. Designed to support Jindal Stainless` transition towards a cleaner and more resilient energy mix, the project reinforces the growing role of large-scale renewable infrastructure in driving industrial decarbonisation.The project integrates bifacial solar modules with tracker systems alongside advanced Suzlon 3.15 MW wind turbines in a co-located hybrid configuration. This design enables a more balanced renewable generation profile by harnessing both solar and wind resources, helping improve power availability and supporting the delivery of more stable renewable energy for industrial consumption. Powered by Capital Market - Live News

Jindal Stainless has developed the country`s first stainless steel container for salt transport for Indian Railways. The integration of stainless steel into salt transport logistics marks a pioneering step towards more durable and sustainable freight operations. The prototype successfully underwent loading and unloading trials at Bhimasar, Gandhidham, Gujarat on February 10, 2026, underscoring the government`s active engagement with innovative, future-ready logistics solutions and signaling an important step towards potential commercial adoption.The 20-foot salt container has been fabricated entirely in stainless steel, including all their structural and load-bearing components. Jindal Stainless has used stainless steel 304 grade, known for its superior corrosion-resistance in chloride-rich environments, for the container body, while JT Grade (N7 as per BIS 6911), recognised for its high strength and weight optimisation, has been deployed for external stiffeners and underframe components. Powered by Capital Market - Live News

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 21 January 2026, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Jindal Stainless rose 26.56% to Rs 828.79 crore in the quarter ended December 2025 as against Rs 654.84 crore during the previous quarter ended December 2024. Sales rose 6.16% to Rs 10517.55 crore in the quarter ended December 2025 as against Rs 9907.30 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales10517.559907.30 6 OPM %13.3912.04 - PBDT1381.231131.63 22 PBT1112.33890.00 25 NP828.79654.84 27 Powered by Capital Market - Live News

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 21 January 2026, has recommended a Interim Dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live News