Jindal Saw's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Jindal Saw Ltd reported a 16.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 6.2%.
- Its expenses for the quarter were up by 12.9% QoQ and down 0.8% YoY.
- The net profit increased 78.7% QoQ and decreased 48.3% YoY.
- The earnings per share (EPS) of Jindal Saw Ltd stood at 4.04 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 4963.02 | 4264.04 | 5293.25 | 16.4% | -6.2% |
Total Expenses | 4618.50 | 4090.90 | 4655.39 | 12.9% | -0.8% |
Profit Before Tax | 344.52 | 173.14 | 637.86 | 99.0% | -46.0% |
Tax | 99.57 | 44.01 | 165.88 | 126.2% | -40.0% |
Profit After Tax | 247.62 | 138.56 | 479.38 | 78.7% | -48.3% |
Earnings Per Share | 4.04 | 2.38 | 7.92 | 69.7% | -49.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jindal Saw Ltd is a leading manufacturer and supplier of iron and steel products, primarily focusing on the production of pipes and tubes for the oil and gas, water, and transportation industries. The company operates within the broader metal and mining industry, offering a diverse range of products including carbon, alloy, and stainless steel pipes. Jindal Saw has established a strong presence in both domestic and international markets, catering to a variety of sectors with its comprehensive product portfolio. As of the current data, no recent major developments in terms of mergers, acquisitions, or significant expansions are specified.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Jindal Saw Ltd reported a total income of ₹4963.02 crores. This figure represents a quarter-over-quarter (QoQ) increase of 16.4% from ₹4264.04 crores in the previous quarter (Q2FY26). However, when compared year-over-year (YoY) to the same quarter in the previous fiscal year (Q3FY25), there is a decrease of 6.2% from ₹5293.25 crores. The revenue data indicates fluctuations over the periods, with a notable rise in the most recent quarter against the preceding quarter but a decline compared to the same quarter last year.
Profitability
Jindal Saw Ltd achieved a profit before tax (PBT) of ₹344.52 crores in Q3FY26, marking a significant QoQ increase of 99.0% from ₹173.14 crores in Q2FY26. However, this reflects a YoY decrease of 46.0% from ₹637.86 crores in Q3FY25. The tax expense for Q3FY26 stood at ₹99.57 crores, up 126.2% QoQ from ₹44.01 crores, yet down 40.0% YoY from ₹165.88 crores. Subsequently, the profit after tax (PAT) for Q3FY26 was ₹247.62 crores, showing a QoQ increase of 78.7% from ₹138.56 crores, but a YoY decline of 48.3% from ₹479.38 crores. These figures highlight marked differences in profitability over the reported periods.
Operating Metrics
For the third quarter of fiscal year 2026, Jindal Saw Ltd reported earnings per share (EPS) of ₹4.04. This reflects a QoQ increase of 69.7% from ₹2.38 in Q2FY26, yet a YoY decline of 49.0% from ₹7.92 in Q3FY25. Total expenses for the quarter were ₹4618.50 crores, showing a QoQ increase of 12.9% from ₹4090.90 crores, but a slight YoY decrease of 0.8% from ₹4655.39 crores. The company’s operational metrics indicate notable quarterly growth in EPS and expenses, while also showing a reduction compared to the same quarter of the previous year.