Jindal Saw Ltd. saw its shares drop 5% after reporting a sharp 42% decline in consolidated net profit for Q4 FY25. The company’s net profit stood at ₹291 crore, down from ₹502 crore in the same quarter last year.
Revenue from operations for the quarter totaled ₹5,047 crore, reflecting a 7% decline from ₹5,425 crore in Q4 FY24. Additionally, the company’s EBITDA fell 20% year-on-year to ₹736 crore, and EBITDA margins contracted to 14.6% from 17%, marking a decline of 238 basis points.
Despite the disappointing results, Jindal Saw’s Board of Directors has recommended a dividend of ₹2 per equity share for FY25.
Jindal Saw shares have shown notable fluctuations, with the stock opening at ₹242.50 and reaching a high of ₹243.00, while the low was ₹230.23. The 52-week high stands at ₹383.85, and the 52-week low is ₹217.65.
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