Jindal Steel Anticipates Higher Coking Coal Costs Amid Strong Domestic Steel Price Recovery

1 min read     Updated on 02 Feb 2026, 08:58 AM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Jindal Steel projects coking coal costs will rise by $18 to $20 per tonne sequentially for Q4 FY26, adding to input cost pressures. However, domestic steel prices have shown strong recovery, increasing by INR3,000 to INR3,500 per tonne from December 2024 levels. The company expects pricing to remain robust due to high market demand conditions.

31548502

*this image is generated using AI for illustrative purposes only.

Jindal Steel has outlined key cost and pricing trends that are expected to shape the steel industry landscape in the coming quarter. The company's management has provided guidance on both input cost pressures and favorable pricing dynamics in the domestic market.

Cost Pressures from Coking Coal

The company anticipates a sequential increase in coking coal costs for Q4 FY26, with projections indicating a rise of $18 to $20 per tonne. This represents additional input cost pressure for steel manufacturers, as coking coal is a critical raw material in the steel production process.

Cost Parameter Q4 FY26 Projection
Coking Coal Cost Increase $18 to $20 per tonne (sequential)

Domestic Steel Price Recovery

Despite rising input costs, the domestic steel market has shown strong price recovery. Current steel prices have increased significantly compared to December 2024 levels, providing some relief to steel manufacturers.

Price Movement Current Status
Domestic Steel Price Increase INR3,000 to INR3,500 per tonne
Reference Period From December 2024

Market Outlook

Jindal Steel expects steel prices to remain strong in the near term, supported by robust demand conditions in the market. The company's positive outlook on pricing sustainability suggests confidence in the underlying demand fundamentals for steel products.

The combination of rising input costs and strong steel prices reflects the current market dynamics, where demand strength is enabling steel companies to maintain pricing power despite cost pressures from raw materials.

Historical Stock Returns for Jindal Steel

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%+2.44%+1.97%+15.23%+40.34%+292.61%

Jindal Steel Publishes Q3FY26 Financial Results in Newspapers Under SEBI Compliance

1 min read     Updated on 28 Jan 2026, 12:50 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Jindal Steel Limited fulfilled SEBI regulatory obligations by publishing its Q3FY26 financial results in Hindi and English newspapers on January 31, 2026. The results showed consolidated total income of ₹13,036.16 crores and net profit after tax of ₹189.58 crores, with standalone turnover reaching ₹13,565.15 crores and profit after tax of ₹672.53 crores.

31130421

*this image is generated using AI for illustrative purposes only.

Jindal Steel Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025, in newspapers as mandated under SEBI regulations. The company disclosed this newspaper publication through a formal communication to stock exchanges on January 31, 2026, maintaining regulatory compliance.

Regulatory Compliance and Publication Details

The company published its Q3FY26 financial results in Hari Bhoomi (Hindi) and Financial Express (English) newspapers on January 31, 2026, in accordance with Regulation 47 read with Schedule III of SEBI Listing Regulations. This publication follows the company's earlier earnings call held on the same date at 2:00 pm IST, where detailed discussions about quarterly performance were conducted.

Publication Details Information
Publication Date January 31, 2026
Hindi Newspaper Hari Bhoomi
English Newspaper Financial Express
Regulation Compliance SEBI Regulation 47 & 33
Authorized Signatory Damodar Mittal, Wholetime Director

Q3FY26 Financial Performance Highlights

The published financial results showcase the company's consolidated performance for the quarter ended December 31, 2025. The comprehensive financial data includes both quarterly and nine-month performance metrics, providing stakeholders with detailed insights into operational efficiency and financial health.

Consolidated Results Q3FY26 Performance
Total Income from Operations ₹13,036.16 crores
Net Profit After Tax ₹189.58 crores
Earnings Per Share (Basic) ₹1.87
Earnings Per Share (Diluted) ₹1.86

Standalone Financial Metrics

The standalone financial results demonstrate strong operational performance with significant revenue generation and maintained profitability across reporting periods. The company's standalone metrics reflect core business strength and operational efficiency.

Standalone Performance Q3FY26 Results
Turnover ₹13,565.15 crores
Profit Before Tax ₹886.33 crores
Profit After Tax ₹672.53 crores

Corporate Governance and Transparency

The newspaper publication represents Jindal Steel's commitment to transparent communication with stakeholders and adherence to regulatory requirements. The company maintains comprehensive disclosure practices through multiple channels, including stock exchange filings, website publications, and newspaper advertisements, ensuring broad accessibility of financial information to all stakeholder categories.

Historical Stock Returns for Jindal Steel

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%+2.44%+1.97%+15.23%+40.34%+292.61%

More News on Jindal Steel

1 Year Returns:+40.34%