Jindal Steel announced its Q2 FY2026 results, posting a consolidated profit after tax of $257 million USD for the first half of the year. The company commissioned a major 4.6 MTPA blast furnace at its Angul plant, boosting its production capacity. It also appointed Gautam Malhotra, founder of FuelBuddy, as its new Chief Executive Officer. The results highlighted a record 73% share of high-margin, value-added steel in its product sales mix.