The Board of Directors of Jindal Stainless Limited (JSL) announced the financial results for the quarter and financial year ended on March 31, 2025. The company recorded sales at 2,373,070 tonnes, a jump of 9% over FY24. On a standalone basis, net revenue rose by 5% YoY, at INR 40,182 crore (4.8 billion USD). In FY25, EBITDA was recorded at INR 3,905 crore, down by 3% over last year, and PAT at INR 2,711 crore, showcasing a growth of 7% YoY.
Backed by continued and strong domestic demand, sales volume in Q4FY25 grew to the highest-ever 642,641 tonnes, up by 13% on a YoY basis. While the net standalone revenue rose by 13% to INR 10,786 crore, EBITDA also increased by 8% compared to Q4FY24.
The Board of Directors of JSL recommended a final dividend payment of INR 2 for FY25 subject to approval of shareholders, taking the total dividend payment to INR 3 i.e. 150% per equity share with a face value of INR 2 each. Consolidated net debt stood at INR 3,899 crore. The consolidated net debt-to-equity ratio was largely maintained at ~0.2, despite a capex-heavy year.