# Jindal Steel Q2 Profit Rises 21%

> Jindal Steel's Q2 profit jumps 21% to Rs 771 crore as revenue hits record Rs 19,448 crore.
- Title: Jindal Steel Q2 Profit Rises 21% · The Economic Times
- Summary: Jindal Steel's Q2 profit jumps 21% to Rs 771 crore as revenue hits record Rs 19,448 crore. Jindal Steel reported a 21% year-on-year profit increase to Rs 771…
- Keywords: jindal steel, q2 results, profit growth, revenue, steel production, sales volume, adjusted ebitda, net debt, money, business, Jindal, Steel
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/jindal-steel-q2-profit-rises-21-as-revenue-hits-record-rs-19448-crore/articleshow/135149749.cms
- Author: Nikita Periwal
- Published: 2026-10-23T15:33:00+00:00
- Read time: 1 min
- Topics: jindal steel, q2 results, profit growth, revenue, steel production, sales volume, adjusted ebitda, net debt, money, business
## Jindal Steel Q2 Profit
Jindal Steel's consolidated profit increased 21% year-on-year to Rs 771 crore in July-September.
## Record Quarterly Revenue
Revenue reached a record Rs 19,448 crore, surpassing analysts' estimates.
## Steel Production Growth
Steel production rose to 2.4 million tonnes, up from 2 million tonnes a year ago.
## Sales Volume Increase
Sales climbed to 2.38 million tonnes from 1.87 million tonnes in the previous year.
## Adjusted EBITDA Boost
Adjusted EBITDA rose 33% year-on-year to Rs 2,504 crore, with per-tonne EBITDA at Rs 10,529.
## Net Debt Decline
Net debt fell to Rs 14,786 crore, reducing the net debt-to-Ebitda ratio from 1.71 to 1.51 times.
## Key takeaway

Jindal Steel reported a 21% year-on-year profit increase to Rs 771 crore with record quarterly revenue of Rs 19,448 crore.