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Nikita Periwal Mumbai: Jindal Stainless has cut its FY27 volume growth guidance to reflect the adverse impact of the West Asian crisis but expects profitability to be higher than earlier estimates. The country's largest producer of stainless steel now expects 4-6% volume growth, down from the 7-9…
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 lowered its FY27 sales volume growth guidance, citing West Asia-led uncertainty, volatile fuel prices and persistent shipping disruptions.