Jayaswal Neco Industries to Redeem INR 3,200 Crore Debentures Early Aug 12, 2025
More news about Jayaswal Neco Industries
04Aug 25
Delhi High Court Suspends Prison Sentence of JNIL Managing Director in Coal Block Case
The Delhi High Court has suspended the three-year imprisonment sentence of Shri Ramesh Jayaswal, Managing Director of Jayaswal Neco Industries Limited (JNIL), in a coal block allocation case. The case involves the allocation of coal blocks in Jharkhand to Abhijeet Infrastructure Private Limited. Jayaswal was convicted by the CBI Special Court on December 9, 2024, and sentenced on December 11, 2024. He filed an appeal, which was admitted by the Delhi High Court, leading to the suspension of his sentence on August 1, 2025. JNIL has stated that these legal proceedings will have no direct financial impact on the company.
02Aug 25
Delhi High Court Suspends Sentence of Jayaswal Neco Industries MD in Coal Block Case
The Delhi High Court has suspended the sentence imposed on Ramesh Jayaswal, Managing Director of Jayaswal Neco Industries Limited (JNIL), in a coal block case. The suspension order was issued on August 1, following the original sentence by the Special CBI Court on December 11. JNIL has informed stock exchanges about this development in compliance with SEBI regulations. The company's disclosure provides a timeline of legal proceedings, including previous orders from December 9, February 14, and the latest suspension order.
24Jul 25
Jayaswal Neco Sees Massive Block Trade Worth Rs 281.64 Crore on NSE
Jayaswal Neco Industries Limited experienced a significant block trade on the National Stock Exchange (NSE). Approximately 65.5 million shares were traded at Rs 43.00 per share, totaling Rs 281.64 crore. The transaction was executed through multiple blocks. While the identities of the buyers and sellers remain undisclosed, the trade's size suggests potential interest from institutional investors or large market participants.
18Jul 25
Jayaswal Neco Industries Reports Robust Q1 Performance with ₹930 Crore Net Profit
Jayaswal Neco Industries Limited (JNIL) has reported a significant financial turnaround in Q1, posting a net profit of ₹930.00 crore compared to a loss of ₹317.00 crore in the same period last year. Revenue from operations grew by 14.7% to ₹1,649.00 crore. EBITDA nearly doubled to ₹315.00 crore with margin expanding to 19.07%. The company achieved record production in blast furnace (211,309 MT) and highest quarterly steel dispatch (163,144 MT). JNIL's Chhotedongar mines also set records in ROM production and dispatches. The company reduced its secured debt by 6% to ₹2,557.00 crore.
Jayaswal Neco Industries announced a significant boost in its Q4 financial performance. Net profit soared to ₹1.02 billion, up from ₹20.3 million in the same quarter last year, marking a 4,926% year-over-year growth. The company also showed strong quarter-on-quarter growth of 32.6%. Revenue increased by 18.8% to ₹16.75 billion compared to the previous year's Q4.
Jayaswal Neco Industries Limited (JNIL) announced its Q4 and FY2025 results. Q4 revenue increased 18.7% to ₹1,675.27 crore, with EBITDA growing 46.8% to ₹342.00 crore. Net profit surged to ₹101.64 crore from ₹2.03 crore year-over-year. Annual revenue slightly increased to ₹5,999.73 crore, while net profit decreased to ₹112.68 crore. The company completed a major Blast Furnace upgrade, enhancing production capacity by 25%. JNIL reduced its secured debt by 16% and improved its net worth to ₹2,376.00 crore.