Jindal Stainless Partnership

Jindal Stainless Acquisition Worth ₹5.08 Cr

Jindal Stainless acquired an additional ~7% stake in Ampin C&I Three, taking its holding to 24.21%. The cash cost is ~₹5.08 crore for a 40 MW captive solar project.

Value

₹5.08 Cr

solar captive capacity

40.0 MW

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

Lloyds Metals & Energy Partnership

Lloyds Metals and Energy executed a ₹29.66 Crore agreement with Amplus Green One Power for renewable power. The deal includes share subscription, shareholders and power purchase agreements.

Value

₹29.66 Cr

SBI Cards and Payment Services Partnership

SBI Card, Air India and Visa announced a partnership to develop a co-branded Visa credit card. The program will offer travel benefits to Maharaja Club members.

Coforge Partnership

Coforge announces a community partnership with Chippenham RFC in UK to support rugby, cricket, and local community development. No financial commitment is disclosed in the announcement.

Urban Enviro Waste Management Partnership

Urban Enviro Waste Management's board approved an AOP/JV with Madhav Enterprise for a Jalandhar tender and revised the CFO's remuneration. The half-year financial results approval was deferred.

Steamhouse India Partnership

Steamhouse India signed an MoU with Haryana Enterprises Promotion Centre to explore industrial infrastructure opportunities with a proposed ₹500 crore investment. The MoU is exploratory and does not constitute a project award.

MOS Utility Partnership

MOS Utility has partnered with Bharat Co-operative Bank (Mumbai) to facilitate digital payment services for merchants. The press release also notes RBI in-principle approvals for a subsidiary's payment businesses.