JINDAL STEEL LIMITED Earnings Summary — Q4 FY2026

May 6, 2026

\| BSE Limited
Corporate Relationship Department,
1st Floor, New Trading Ring,
Rotunda Building, P J Towers,
Dalal Street, Fort, Mumbai-400 001
[corp.relations@bseindia.com](mailto:corp.relations@bseindia.com)
Scrip Code:532286 \| National Stock Exchange of India Limited
Exchange Plaza, 5th Floor,
Plot No.C/1,G Block
Bandra-Kurla Complex,Bandra(E),
Mumbai-400051
[cmlist@nse.co.in](mailto:cmlist@nse.co.in)

Symbol:JINDALSTEL \|
\| \-\-\- \| \-\-\- \|

Dear Sir / Madam,

SUBJECT: TRANSCRIPT OF EARNINGS CONFERENCE CALL HELD ON MAY 2, 2026

This is in furtherance to our letter dated April 28, 2026, w.r.t the Earnings Conference Call
intimation for the financial results with the Institutional investors/ analysts.

In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, the transcript of the earnings conference call is
enclosed herewith and has also been uploaded on the website of the Company at
[www.jindalsteel.in](http://www.jindalsteel.in/).

You are requested to take the above information on record.

Thanking you.

Jindal Steel Limited (Formerly Known as Jindal Steel & Power Limited)

For Jindal Steel Limited
(formerly known as Jindal Steel & Power Limited)

(formerly known as Jindal Steel & Power Limited)

DAMODA Digitally signed by DAMODAR MITTAL

Damodar Mittal

+911141462400,61462400

[www.jindalsteel.in](http://www.jindalsteel.in/)

CIN No.: L27105HR1979PLC009913

Encl.: as above

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# “Jindal Steel Limited Q4 & FY26 Earnings Conference Call”

# May 02, 2026

## MANAGEMENT: MR. GAUTAM MALHOTRA – CHIEF EXECUTIVE OFFICER – JINDAL STEEL LIMITED

## MR. DAMODAR MITTAL – WHOLE-TIME DIRECTOR – JINDAL STEEL LIMITED

## MR. DEBOJYOTI ROY – WHOLE-TIME DIRECTOR – JINDAL STEEL LIMITED

## MR. SANJIB NANDA – PRESIDENT FINANCE – JINDAL STEEL LIMITED

## MR. SUNIL AGRAWAL – CFO – JINDAL STEEL LIMITED

### Page 1 of 15

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MR. PANKAJ MALHAN – EXECUTIVE DIRECTOR,
SALES AND MARKETING – JINDAL STEEL LIMITED
MR. P.K. BIJU NAIR – EXECUTIVE DIRECTOR, ANGUL
– JINDAL STEEL LIMITED
MR. VISHAL CHANDAK – HEAD OF INVESTOR
RELATIONS AND STRATEGIC FINANCE – JINDAL STEEL
LIMITED

MODERATOR: MR. ASHUTOSH SOMANI – JM FINANCIAL

Moderator:

Ladies and gentlemen, good day, and welcome to the Jindal Steel Q4 & FY26 Earnings
Conference Call hosted by JM Financial Institutional Securities. As a reminder, all participant
lines will be in the listen-only mode and there will be an opportunity for you to ask questions
after the presentation concludes. Should you need assistance during this conference call, please
signal an operator by pressing star then zero on your touchtone phone. Please note that this
conference is being recorded.

I now hand the conference over to Mr. Ashutosh Somani from JM Financial Institutional
Securities. Thank you, and over to you, sir.

Hi Ashutosh. Good evening. Thank you very much. Good evening, ladies, and gentlemen. Thank
you very much for joining us for the Q4 and FY26 earnings briefing, on a Saturday, on a long
weekend. Quickly, we will introduce the management participants. We have with us, Mr.
Gautam Malhotra, CEO; Mr. Damodar Mittal, Whole-Time Director; Mr. Debojyoti Roy,
Whole-Time Director; Mr. Sunil Agrawal, CFO; Mr. Sanjib Nanda, President Finance; Mr.
Pankaj Malhan, ED, Sales, and Marketing; and Mr. P.K. Biju Nair, ED, Angul. Without much
ado, I would request Mr. Gautam to start with his opening remarks. After this, we will open the
floor for the Q&A. Over to you, sir.

Vishal Chandak:

* * *

Gautam Malhotra:

Thank you, Vishal. Good afternoon, ladies, and gentlemen. Welcome to Jindal Steel's Fourth
Quarter FY26 and FY26 Earnings Conference Call. We appreciate you finding time on a
Saturday afternoon to join us. FY26 has been a defining year for Jindal Steel, marked by
significant progress across our expansion projects, which have taken our steelmaking capacity
from 9.6 million tonnes per annum to 15.6 million tonnes per annum.

…