Jindal Steel Appoints Vidya Rattan Sharma As MD, Sandeep Modi As CFO

Q1 FY27 Consolidated Results YoY: Revenue at 15482 Cr vs 12294 Cr, up 25.9%. EBITDA at 2680 Cr vs 3036 Cr, down 11.7%. EBITDA Margin at 17.3% vs 24.7%, contraction of 740bps; EBITDA/tonne at Rs 11960 vs Rs 15705, down 23.8% vs revenue growth of 25.9%, cost of materials consumed grew 43.7%. PAT at 844 Cr vs 1496 Cr, down 43.6%. Board appointed Mr. Vidya Rattan Sharma as MD, Mr. Sandeep Modi as CFO, Mr. Rajiv Kumar as COO, and S S Kothari Mehta & Co. as statutory auditors. CARE AA+ rating assigned. Dispatch from Utkal B1 mines commenced.