JINDAL STEEL LIMITED — Q2FY27 earnings call summary

Filed 30 October 2026 · Official transcript

Export volumes ~100,000 tons/month; positive outlook on EU FTA and steel demand
Capex INR 1,228 Cr in Q2; annual guidance INR 7,500-10,000 Cr
Coking coal cost stable at $12-15/ton; Q3 expected $20-25/ton; coal gasification reduces fuel cost
Production target 11 million tons for FY27; H1 at 4.79 mn tons, H2 target 6 mn tons
Q3 and Q4 expected better volumes and realizations; TMT sales reduced to 120k tons/month
DRI plant commissioning expected by June 2027 with indigenous coal gasifiers
Management confident of achieving sales guidance and maintaining financial discipline
Steel sales volume at 2.38 million tons, domestic sales ~92%