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JSPL Sees QoQ EBITDA Margin Recovery, Commissions New Blast Furnace Ahead of Q1FY26

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • May 1
  • 1 min read

Jindal Steel & Power’s consolidated EBITDA per ton improved 4% QoQ to $140.4 in Q4FY25, up from $135.2 in Q3FY25, signaling a partial recovery in margins amid cost optimization and steady realizations. However, full-year FY25 EBITDA per ton declined to $144.7, down 10% YoY from $160.7 in FY24, reflecting broader market softness. Meanwhile, the company has started commissioning activities for Blast Furnace-2 at its Angul plant, with the first hot metal tapping expected in Q1FY26—a move that will support future volume growth and operational leverage.

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