Jindal Saw Limited has posted strong financial results for the second quarter of fiscal year 2025, reflecting growth in both revenue and profitability. The company’s revenue from operations reached ₹5,571.92 crore for the quarter ending September 30, 2024, a 2% year-on-year (YoY) increase compared to ₹5,466.22 crore in the corresponding quarter of the previous year.
Significant Net Profit Growth
The company reported a 33.6% YoY increase in net profit, which rose to ₹475.31 crore in Q2 FY25, up from ₹355.77 crore in the same quarter last year. This surge in profitability is attributed to improved operational efficiencies and favorable conditions in key markets.
The profit before tax (PBT) for the quarter was ₹642.69 crore, up from ₹588.23 crore in Q1 FY25. This consistent growth indicates the company’s continued focus on optimizing its operations and managing costs effectively.
Margins & Earnings
Jindal Saw reported an improved operating margin of 13.87% for the quarter, up from 12.49% in Q2 FY24. This reflects the company’s ability to maintain higher profitability even as revenue grew modestly. The basic earnings per share (EPS) for the quarter also rose to ₹7.85, compared to ₹6.93 in the same period last year.
Tax & Expenses
The company’s total tax expense for the quarter stood at ₹167.65 crore, slightly lower than ₹171.80 crore in the previous quarter, which helped support the net profit growth.
Comprehensive Income
Total comprehensive income for the quarter was ₹503.77 crore, representing a 15.4% growth from ₹436.62 crore YoY, showing the company’s strong overall financial health.
Future Outlook
Jindal Saw continues to invest in improving its operational capabilities while navigating challenges in the global market. The company’s focus on innovation and efficiency is expected to sustain its growth trajectory in the coming quarters, particularly in the infrastructure and steel industries.
