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Jindal Steel & Power Ltd (JSPL) has reaffirmed its FY2025–26 sales target and announced a capital expenditure (capex) plan of ₹4,925 crore, despite market headwinds from weak steel prices and rising raw material costs.
The company said it remains committed to achieving strong production and sales growth, supported by new capacity additions and operational efficiencies across its plants. JSPL aims to enhance its product mix, expand in value-added segments, and strengthen its logistics and supply chain network.
While global steel prices have softened due to oversupply from China, domestic demand continues to be buoyed by infrastructure and construction investments in India.
Executives highlighted that the capex will focus on modernization, sustainability projects, and energy efficiency upgrades, aligning with the company’s long-term carbon reduction goals.
Analysts said JSPL’s balanced strategy — maintaining growth targets while investing in future-ready infrastructure — underscores its resilience and market confidence amid cyclical industry pressures.
JSPL remains optimistic about the second half of FY26, banking on improving demand, stable pricing, and operational efficiency gains to sustain profitability.
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