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Jindal Steel's capacity ramp-up key to its stock prospects
Mint Mumbai
|August 19, 2025
Diverse trend
Jindal Steel Ltd (formerly Jindal Steel & Power Ltd) reported a 6% year-on-year rise in consolidated Ebitda to ₹3,000 crore for the June quarter (Q1FY26), even as volumes dropped 9%. The figure is adjusted for foreign exchange variation. Ebitda per tonne rose 16% to ₹15,680, aided by a sharp fall in raw material costs.
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