Jindal Stainless Cuts FY27 Volume Growth Guidance to 4–6%
Jindal Stainless lowered its FY27 volume growth guidance to 4–6% from 7–9%, citing the West Asian crisis, while expecting profitability to exceed earlier estimates. Q2 net profit rose 11% to ₹898 crore.
Jindal Stainless has lowered its FY27 volume growth outlook, citing the impact of the West Asian crisis, while forecasting profitability above its earlier estimates. The country's largest stainless steel producer now expects growth of 4-6%, compared with its previous guidance of 7-9%.