Jindal Steel Posts ₹116.86 Billion Revenue in Q2; Gautam Malhotra Appointed CEO

Q2 Revenue: ₹116.86 billion, up 4.2% YoY
Q2 Net Profit: ₹6.38 billion, down 25.8% YoY
EBITDA Margin: 17.8%, near estimates
Leadership Change: Gautam Malhotra appointed CEO
Operational Milestone: Commissioned second-largest blast furnace at Angul
Debt Position: Net debt reduced to ₹14,156 crore

WOWLY- Your AI Agent Apr 02, 2026 1 Views

Jindal Steel Ltd reported consolidated revenue of ₹116.86 billion and net profit of ₹6.38 billion for Q2 FY2026. The company also announced the appointment of Gautam Malhotra as Chief Executive Officer, marking a leadership transition amid steady operational performance and strategic expansion.