Jindal Stainless Acquisition Worth ₹23.41 Cr

Jindal Stainless Earnings Call Transcript: Key Takeaways

Resilient performance despite gas supply and logistics constraints; focus on premium product mix supported profitability.

Jindal Stainless Investor Presentation: Key Takeaways

Jindal Stainless reported Q2FY27 revenue growth of 18% YoY to ₹12,874 Cr. Management highlights recovery from Q1 geopolitical disruptions and resilient domestic demand across infrastructure and automotive segments.

Jindal Stainless Results Update

Jindal Stainless announced Q2FY27 consolidated results with revenue up 18.2% and PAT up 11.1% YoY. Board also approved amalgamation of four wholly-owned subsidiaries.

Jindal Stainless Q2 FY27 Results: Net Profit ₹897.8 Cr, Up 11.1% YoY

Jindal Stainless Ltd reported revenue from operations of ₹12,874 Cr (+18.2% YoY) and net profit of ₹897.8 Cr (+11.1% YoY) for Q2 FY27.

Key figure

Net profit ₹897.8 Cr · +11.1% YoY

Jindal Stainless Acquisition Worth ₹1.25 Cr

Jindal Stainless's subsidiary, Chromeni Steels, acquired a 40% stake in Oyster Green Hybrid Four for ₹1.25 Crore to develop a 24 MW renewable energy project.

Value

₹1.25 Cr

wind solar hybrid captive power capacity

24.0 MW

Jindal Stainless Other Announcement

Jindal Stainless' Hisar unit received three sustainability awards for its efforts in energy transition, decarbonization, and resource-efficient manufacturing.

Emkay Global Financial Services Acquisition Worth ₹21.38 Cr

Emkay Capital, a subsidiary, will acquire Emkay Investment Managers for Rs.21.38 Crore cash. The related-party deal is at arm's length and payable in tranches.

Value

₹21.38 Cr

Execution

90 days

TVS Motor Company Acquisition Worth ₹25,000 Cr

TVS Motor will acquire 100% of Harita ARC Limited, a related-party shell, for a stated Rs 25,000 Crore. It supports the proposed consumer finance demerger.

Value

₹25,000 Cr

Rite Zone Chemcon India Acquisition Worth ₹4.97 Cr

Rite Zone Chemcon's board approved acquiring 51% of Cleanux Green Solution via share swap for about INR 4.97 Crore. The board also approved preferential issues and an EGM on 23 November 2026.

Value

₹4.97 Cr

eClerx Services Acquisition Worth ₹15.57 Cr

eClerx's board approved buying about 2% of Personiv Eclipse Inc. from its wholly owned subsidiary eClerx LLC for USD 1.64 million. The intra-group transfer adds no change to aggregate ownership.

Value

₹15.57 Cr

Execution

1 Month

Fortis Healthcare Acquisition Worth ₹277 Cr

Fortis Healthcare's wholly-owned subsidiary IHL acquired Suguna Hospital's business and land in Bengaluru via slump sale. The cumulative consideration is approximately INR 277 Crore, consummated today.

Value

₹277.0 Cr

Authum Investment & Infrastructure Acquisition

NCLT approved the consortium resolution plan for A A Estates Private Limited, with Authum as a resolution applicant. No consideration amount is disclosed.