Jindal Saw reported a consolidated net profit of Rs 424 crore for the quarter ended June 30, 2025, reflecting a 3.1% year-on-year decline compared to Rs 440 crore in Q1 FY25. The company’s financial performance saw a moderation despite healthy revenue, primarily due to lower operational margins.
Revenue from operations during the quarter came in at Rs 4,085 crore, down from Rs 4,939 crore in the same quarter last year. Total income stood at Rs 4,102.95 crore versus Rs 4,984.81 crore YoY.
The company’s EBITDA dropped sharply to Rs 670 crore, compared to Rs 840 crore in Q1 FY25, indicating a decline of nearly 20%. Consequently, EBITDA margin also compressed slightly to 16.4% from 17% in the year-ago quarter.
On the cost front, expenses fell to Rs 3,739 crore from Rs 4,401 crore YoY, aided by a reduction in inventory and material costs.
Jindal Saw’s tax expense for the quarter was reported as a credit of Rs 41.17 crore, compared to Rs 171.80 crore YoY.
The company continues to operate in the steel pipes and infrastructure segments and remains a key supplier in both domestic and international markets.
