Results - Announcements
Jindal Saw Ltd share price ticked higher by 0.95% to Rs 301.95 after the company's net profit tumbled by 61.14% to Rs 35.28 crore, while revenue from operations improved marginally 0.44% to Rs 4471.79 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.27 lakh crore, easing 0.92%. It has improved by 2.74% over last one week and soared by 17.98% in last one month while the market capitalization of Jindal Saw Ltd has edged up by 11.98% and 12.14% in the same period respectively.
Profit before tax (PBT) of Jindal Saw Ltd stood at Rs 14.42 crore in Q3 FY26, tanking 92.10% year-on-year, and tumbling by 89.91% quarter-on-quarter. EBITDA came in at Rs 210 crore, plunging by 50.15% YoY and crashing by 43.78% sequentially.
Total expenses saw a slight increase of 3.80% to Rs 4379.77 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 2396.59 crore, declining 11.61% YoY, while employee benefits expense was at Rs 438.93 crore, ticking higher by 2.65% YoY.
For the TTM ended FY26, revenue from operations contracted by 14.08% to Rs 17895.17 crore, while net profit plunged by 36.54% to Rs 925.33 crore, compared to previous TTM. EBITDA soared by 333773% to Rs 2123.05 crore, and PBT collapsed by 54.20% to Rs 1075.71 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1771.37 crore in FY26, as against Rs 2335.16 crore in FY25.
Jindal Saw Ltd surged by 50% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 10.47% during the same period.