Jindal Saw Ltd. has reported a sharp 42% year-on-year decline in consolidated net profit at ₹291 crore for the quarter ended March 31, 2025, compared to ₹502 crore in the same period last year.

Revenue from operations stood at ₹5,047 crore in Q4 FY25, registering a 7% fall from ₹5,425 crore in Q4 FY24. The company’s EBITDA also dropped 20% YoY to ₹736 crore, with EBITDA margins contracting to 14.6% from 17%—a decline of 238 basis points.

Despite the muted performance, the Board of Directors has recommended a dividend of ₹2 per equity share for the financial year.

The results reflect a tough operating environment in the March quarter, with pressures on profitability and margins amid revenue headwinds.