Jindal Steel shares surge 4.32% amid volume surge; stock among top gainers on Nifty Next 50

Shares of Jindal Steel were trading at Rs 1,017.25 on Wednesday, marking a gain of 4.32% from the previous close. The stock experienced a surge in volume and is among the top gainers on the Nifty Next 50 index. Trading volume was notably high during the session.

Financial Performance

The consolidated financial performance of Jindal Steel reveals the following trends:

Quarterly Results

For the quarter-ending June 2025, Jindal Steel reported revenue of Rs 12,294.48 Crore and a net profit of Rs 1,496.00 Crore. In comparison, the previous quarters show:
The revenue for June 2025 quarter stood at Rs 12,294.48 Crore, which is a decrease compared to Rs 13,183.13 Crore in March 2025. The net profit increased to Rs 1,496.00 Crore in June 2025 from a loss of Rs -294.44 Crore in March 2025.

Annual Results

The yearly financial performance shows:
The annual revenue for the year 2025 stood at Rs 49,764.97 Crore, a slight decrease compared to Rs 50,026.76 Crore in 2024. The net profit decreased to Rs 2,854.75 Crore in 2025 from Rs 5,943.42 Crore in 2024.

Corporate Actions

Jindal Steel announced a final dividend of Rs 2.00 per share on April 30, 2025, with an effective date of August 22, 2025. Earlier, the company had announced a bonus issue on July 29, 2009, with a bonus ratio of 5:1. The ex-bonus date was September 14, 2009. Additionally, the company executed stock splits, with the last split occurring on January 21, 2008.

Jindal Steel is currently trading with high volume, reflecting significant investor interest and market activity.