Jindal Saw's Q1 FY 2025-26 Quarterly Results

Result Summary

• Jindal Saw Ltd reported a 25.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 17.7%.
• Its expenses for the quarter were down by 22.6% QoQ and 15.1% YoY.
• The net profit decreased 13.5% QoQ and decreased 0.2% YoY.
• The earnings per share (EPS) of Jindal Saw Ltd stood at 6.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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 prominent player in the manufacturing sector, primarily involved in the production of iron and steel pipes. The company is part of the larger Jindal Group, which operates across various segments in the steel industry. Jindal Saw Ltd manufactures a wide range of products including large diameter pipes, seamless tubes, and ductile iron pipes, which are used in various industries such as oil and gas, water management, and infrastructure. The company operates globally, supplying its products to both domestic and international markets. As of the latest available data, no major new developments have been reported for the company.

Revenue

For the quarter ending in Q1FY26, Jindal Saw Ltd reported a total income of ₹4102.95 crores. This reflects a decrease of 25.3% from the previous quarter, Q4FY25, where total income was ₹5493.68 crores. When compared year-over-year, total income has declined by 17.7% from Q1FY25, which recorded a total income of ₹4984.81 crores. This data indicates a downward trend in revenue generation for the company both on a quarterly and annual basis.

Profitability

In terms of profitability, Jindal Saw Ltd's profit before tax for Q1FY26 was ₹363.91 crores. This marks a significant decrease of 45.3% compared to Q4FY25, which stood at ₹665.80 crores. Year-over-year, the profit before tax has decreased by 37.6% from ₹583.00 crores in Q1FY25. The tax for Q1FY26 was recorded at -₹41.17 crores, which is a substantial change from a tax expense of ₹186.14 crores in Q4FY25 and ₹171.80 crores in Q1FY25. Consequently, the profit after tax for Q1FY26 was ₹415.47 crores, showing a reduction of 13.5% from Q4FY25's ₹480.37 crores and a slight decrease of 0.2% from Q1FY25's ₹416.43 crores.

Operating Metrics

The company's earnings per share (EPS) for Q1FY26 was ₹6.60, representing a sharp decline of 58.0% from the previous quarter's EPS of ₹15.70. On a year-over-year basis, EPS decreased by 52.2% from ₹13.80 in Q1FY25. Total expenses for Q1FY26 were ₹3739.04 crores, which decreased by 22.6% compared to Q4FY25's ₹4827.88 crores and fell by 15.1% from ₹4401.81 crores in Q1FY25. The observed trends in EPS and expenses highlight shifts in the company's operational efficiency and financial dynamics over the observed periods.