Jindal Steel increases heat treatment capacity to 60,000 trillion per month; shares in focus

Heat treatment capacity refers to a facility's ability to process steel to alter properties like hardness, toughness, and strength.

In a statement, Jindal Steel said, "It has become India's largest heat treatment player."

The company said it has increased the monthly heat-treating capacity to 60,000 tonnes from 20,000 tonnes earlier to cater to demand from sectors such as infrastructure, engineering, energy, and heavy machinery.

The company now offers a comprehensive product range in furnace normalised (FN) and quenched & tempered (Q&T) categories. This facility is capable of processing plates with thicknesses ranging from 6 mm to 200 mm and widths up to 5 metres, S. K. Pradhan, Head of Flat Products at Jindal Steel, said.

This technological advancement equips Jindal Steel to manufacture high-end products previously imported into India, directly supporting the Atmanirbhar Bharat initiative, he said.

Jindal Steel owns and operates two integrated steel plants at Angul (Odisha) and Raigarh (Chhattisgarh), having a total capacity of 12.6 million tonnes (MT). The company looks to increase its capacity to 15.6 MT by FY26.

Jindal Steel Q2 Results

Jindal Steel, according to PTI, posted over a 26% year-on-year (YoY) fall in consolidated net profit to ₹635.08 crore for the September quarter on account of an increase in expenses.

The company had clocked a net profit of ₹860.47 crore in the July-September period of the preceding 2024-25 financial year, the Naveen Jindal Group entity said in an exchange filing.

However, the company's total income rose to ₹11,707.82 crore from ₹11,248.14 crore in the second quarter a year ago.

Total expenses also increased to ₹10,725.55 crore from ₹10,034 crore in the year-ago period.