JTL Industries Reports Record Sales Volume of 272,639 MT in 9 Months of FY26

JTL Industries has reported record sales volumes for the 9-month period in FY26, demonstrating steady growth in its operational performance. The company achieved total sales volumes of 272,639 MT during this period, marking a significant milestone in its business operations.

Sales Performance Overview

The company's sales performance for the 9-month period shows positive momentum with a year-over-year growth rate of 3.35%. This growth indicates the company's ability to expand its market presence and maintain operational efficiency in the competitive steel sector.

Performance Metric:	9 Months FY26	Growth Rate
Sales Volume:	272,639 MT	+3.35% YoY

Operational Achievements

The record sales volume of 272,639 MT represents the highest performance achieved by JTL Industries for a 9-month period in FY26. This achievement reflects the company's operational capabilities and market positioning within the steel industry. The consistent growth trajectory demonstrates the effectiveness of the company's sales and distribution strategies.

Market Position

The 3.35% year-over-year growth in sales volumes positions JTL Industries favorably within the steel sector. This performance indicates the company's ability to capture market opportunities and maintain competitive advantage in its operational segments. The record volumes achieved during the 9-month period underscore the company's commitment to delivering consistent operational results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-8.18%	-12.18%	-15.96%	-34.17%	-51.33%	-77.34%

JTL Industries Limited has received a GST demand notice from tax authorities, the company informed exchanges on December 24, 2025. The steel pipes manufacturer disclosed receiving an adjudication of Show Cause Notice from the Assistant Commissioner of Central Goods & Services Tax Division-I, Derabassi.

GST Demand Details

The tax demand comprises multiple components as outlined by the company:

Component	Amount
GST Demand	₹31.50 lacs
Penalty	₹31.50 lacs
Additional	Interest as per Section 50(1) of CGST Act, 2017
Notice Received	December 23, 2025
Period Covered	July 1, 2017 to March 31, 2019

The penalty has been imposed under Section 74(1) of the CGST Act, 2017 and Section 20 of the IGST Act, 2017, subject to the statutory option of availing relief under Section 74(11) of the CGST Act, 2017.

Company's Response and Position

JTL Industries has disputed the demand, stating it does not admit any violation. The company clarified that the demand order is raised by the department based on audit findings for the specified period. According to legal opinion obtained by the company, the aforesaid demand has no merit in terms of Circular No. 204/16/2023-GST dated October 27, 2023.

The company explained that this circular provides clarification on the taxability and valuation of personal guarantees by directors and corporate guarantees between related persons, including holding and subsidiary companies. JTL Industries stated it will make its submissions before the Adjudicating Authority within the given timelines.

Financial Impact Assessment

The company has assessed that the demand will not have any impact on its profitability, financial position, or operations. This disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The regulatory filing was signed by Amrender Kumar Yadav, Company Secretary and Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited as per compliance requirements.