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UltraTech Cement vs Jindal Steel Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

UL

UltraTech Cement

UltraTech Cement delivered a strong Q4 FY26, with consolidated sales volumes crossing 44 million tons and PAT of ₹3,000 crore for the quarter.

JI

Jindal Steel

Jindal Steel reported a strong Q4 FY26 with consolidated gross revenue of ₹19,399 crore, up 28% QoQ, driven by volume ramp-up at the expanded Angul facility and a recovery in steel prices.

Result Snapshot

Revenue₹25,799 Cr₹16,218 Cr
PAT₹3,000 Cr₹1,041 Cr
EBITDA Margin18%
Sentimentbullishbullish

Key Quotes

We crossed 200 million tons of cement production capacity in India, a first for any company in a single country outside of China.
Atul Daga · Chief Financial Officer
FY26 has been a defining year for Jindal Steel marked by significant progress across our expansion projects which have taken our steel making capacity from 9.6 million tons per annum to 15.6 million tons per annum.
Gautam Malhotra · CEO