Jindal Saw quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	4,472	4,234	+5.6%
EBITDA	261	451	−42.1%
EBITDA margin	5.8%	10.7%	−4.8 pts
Profit before tax	17.8	173	−89.7%
Net profit	35.3	139	−74.5%
EPS	₹0.74	₹2.38	−68.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	4,472	4,452	4,633	4,943	4,234	4,085	5,047	5,271	5,572	4,939	5,425	5,656	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	51.3	23.7	23.4	19.6	30.4	18.3	20.9	22.0	30.4	45.7	68.5	41.0
	4,523	4,476	4,657	4,963	4,264	4,103	5,067	5,293	5,602	4,985	5,494	5,697
	2,397	2,711	2,661	2,445	2,463	3,067	2,926	2,968	2,825	2,956	3,291	3,149
	4.7	0.7	1.0	0.8	0.0	1.9	0.1	0.2	0.4	7.6	4.1	0.7
	434	−26.3	−23.2	466	−102	−928	24.1	−24.1	397	−234	−92.3	83.3
	439	428	399	407	416	408	378	383	389	376	368	387
	125	108	163	133	153	171	139	173	158	154	174	181
	169	164	167	155	156	153	153	151	151	148	149	149
	936	942	1,115	1,012	1,006	866	983	1,004	1,047	994	934	1,047
	4,505	4,328	4,482	4,619	4,091	3,739	4,602	4,655	4,966	4,402	4,828	4,997
	261	397	481	613	451	670	736	939	914	840	920	989
	92.0	233	314	458	296	517	584	789	763	691	772	840
Profit
	17.8	148	175	345	173	364	466	638	636	583	666	700
	17.8	148	175	345	173	364	466	638	636	583	666	700
	−10.4	42.0	44.5	76.6	42.7	−47.1	130	177	164	178	162	45.7
	−10.5	10.1	3.5	23.0	1.3	5.9	255	−11.3	3.9	−5.8	24.1	142
	−20.9	52.1	48.0	99.6	44.0	−41.2	386	166	168	172	186	187
	−3.4	−5.4	−3.2	2.7	9.4	10.4	6.9	7.4	6.8	5.2	0.7	−1.1
	35.3	90.8	124	248	139	415	86.9	479	475	416	480	512
	38.7	96.2	127	245	129	405	80.1	472	469	411	480	513
	17.3	−3.7	73.0	20.0	33.9	2.0	−8.8	20.8	4.2	−4.4	−8.6	−7.0
	52.6	87.1	197	268	172	418	78.1	500	479	412	472	505
	47.0	104	139	258	152	424	291	506	500	441	494	532
	−11.8	−13.4	−15.8	−10.4	−13.3	−8.6	−204	−27.0	−24.3	−24.6	−21.8	−19.9
Per share
	₹0.74	₹1.63	₹2.19	₹4.05	₹2.38	₹6.66	₹4.58	₹7.96	₹7.85	₹13.86	₹15.79	₹16.72
	₹0.74	₹1.63	₹2.18	₹4.04	₹2.38	₹6.63	₹4.56	₹7.92	₹7.81	₹13.80	₹15.72	₹16.72
Other comprehensive income — detail
	17.3	−3.7	73.0	20.0	33.9	2.0	−8.8	—	—	—	—	—
	−1.3	−1.3	−2.9	3.0	−2.2	−2.2	−5.9	−1.4	−1.4	−1.4	−10.4	1.6
	−0.3	−0.3	−0.7	0.7	−0.6	−0.6	−1.5	—	—	—	—	—
	—	—	—	—	—	—	—	−0.4	−0.4	−0.4	−2.6	0.4
	18.2	−2.8	75.2	17.8	35.5	3.7	−4.5	21.7	5.3	−3.4	−0.8	−8.2
	−0.0	0.0	−0.0	−0.0	0.0	0.0	−0.1	—	—	—	—	—
	—	—	—	—	—	—	—	−0.1	0.1	0.0	0.0	−0.0
	64.4	100	212	278	186	426	283	527	504	437	—	525
	−11.8	−13.4	−15.6	−10.5	−13.3	−8.6	−205	−27.0	−24.3	−24.6	—	−19.9
Per share — as-filed variants
	₹0.74	₹1.63	₹2.19	₹4.05	₹2.38	₹6.66	₹4.58	₹7.96	₹7.85	₹13.86	₹15.79	₹16.72
	₹0.74	₹1.63	₹2.18	₹4.04	₹2.38	₹6.63	₹4.56	₹7.92	₹7.81	₹13.80	₹15.72	₹16.72
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	1,636	1,767	1,994	2,032	1,873	1,943	2,097	2,327	2,350	2,210	2,223	2,423
	36.6%	39.7%	43.0%	41.1%	44.2%	47.6%	41.5%	44.1%	42.2%	44.7%	41.0%	42.8%
Adjusted (ex-exceptional items) — derived
	17.8	148	175	345	173	364	466	638	636	583	666	700
	35.3	90.8	124	248	139	415	86.9	479	475	416	480	512
	₹0.74	₹1.63	₹2.19	₹4.05	₹2.38	₹6.66	₹4.58	₹7.96	₹7.85	₹13.86	₹15.79	₹16.72

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

JINDALSAW₹237.60

Jindal Saw Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersWELCORP RATNAMANI MAHSEAMLES JWL KIRLOSENG HEG GRAPHITE GALLANTTMcap ₹15,195 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	5,655.8	5,425.2	4,939.1	5,571.9	5,271.3	5,046.6	4,084.7	4,233.6	4,943.4	4,633.5	4,452.3	4,471.8
Other Income	41.0	68.5	45.7	30.4	22.0	20.9	18.3	30.4	19.6	23.4	23.7	51.3
Total Income	5,696.8	5,493.7	4,984.8	5,602.3	5,293.3	5,067.5	4,103.0	4,264.0	4,963.0	4,656.9	4,476.0	4,523.1
Expenses
+ Cost of Materials Consumed	3,148.9	3,290.5	2,956.1	2,824.6	2,968.3	2,925.7	3,067.4	2,462.8	2,444.8	2,661.4	2,711.3	2,396.6
+ Purchases of Stock-in-Trade	0.7	4.1	7.6	0.4	0.2	0.1	1.9	0.0	0.8	1.0	0.7	4.7
+ Changes in Inventories	83.3	-92.3	-234.4	396.5	-24.1	24.1	-928.0	-102.3	466.2	-23.2	-26.3	434.4
+ Employee Benefit Expense	386.7	368.4	376.4	389.2	383.5	377.9	407.5	416.4	407.0	398.8	427.6	438.9
+ Finance Costs	181.2	174.4	154.2	157.6	172.9	138.8	171.1	152.9	132.8	162.7	108.4	125.5
+ Depreciation & Amortisation	148.6	148.6	148.1	150.7	150.7	152.6	153.3	155.5	154.9	166.7	163.7	169.0
+ Other Expenses	1,047.5	934.2	993.8	1,047.0	1,004.1	982.7	865.8	1,005.6	1,011.9	1,114.6	942.3	936.2
Total Expenses	4,996.8	4,827.9	4,401.8	4,966.1	4,655.4	4,601.8	3,739.0	4,090.9	4,618.5	4,482.0	4,327.7	4,505.2
EBITDA	988.8	920.3	839.6	914.1	939.4	736.2	670.1	451.1	612.6	480.9	396.7	261.0
EBIT	840.2	771.7	691.5	763.4	788.8	583.5	516.8	295.6	457.7	314.1	233.0	92.0
Profit
PBT before Exceptional Items	700.0	665.8	583.0	636.2	637.9	465.7	363.9	173.1	344.5	174.8	148.2	17.8
Pretax Income	700.0	665.8	583.0	636.2	637.9	465.7	363.9	173.1	344.5	174.8	148.2	17.8
+ Current Tax	45.7	162.1	177.6	163.7	177.2	130.4	-47.1	42.7	76.6	44.5	42.0	-10.4
+ Deferred Tax	141.5	24.1	-5.8	3.9	-11.3	255.2	5.9	1.3	23.0	3.5	10.1	-10.5
Tax Expense	187.2	186.1	171.8	167.7	165.9	385.6	-41.2	44.0	99.6	48.0	52.1	-20.9
+ Share of Associates & JVs	-1.1	0.7	5.2	6.8	7.4	6.9	10.4	9.4	2.7	-3.2	-5.4	-3.4
Net Income	511.7	480.4	416.4	475.3	479.4	86.9	415.5	138.6	247.6	123.7	90.8	35.3
+ Net Income — Continuing Ops	512.8	479.7	411.2	468.5	472.0	80.1	405.1	129.1	245.0	126.8	96.2	38.7
+ Other Comprehensive Income	-7.0	-8.6	-4.4	4.2	20.8	-8.8	2.0	33.9	20.0	73.0	-3.7	17.3
Total Comprehensive Income	504.7	471.7	412.0	479.5	500.2	78.1	417.5	172.4	267.7	196.7	87.1	52.6
Net Income to Common	531.6	493.6	441.1	499.6	506.4	291.3	424.0	151.9	258.0	139.4	104.2	47.0
Minority Interest	-19.9	-21.8	-24.6	-24.3	-27.0	-204.4	-8.6	-13.3	-10.4	-15.8	-13.4	-11.8
Per Share
Basic EPS	16.72	15.79	13.86	7.85	7.96	4.58	6.66	2.38	4.05	2.19	1.63	0.74
Diluted EPS	16.72	15.72	13.80	7.81	7.92	4.56	6.63	2.38	4.04	2.18	1.63	0.74
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-8.8	2.0	33.9	20.0	73.0	-3.7	17.3
+ Items NOT to be Reclassified to P&L	1.6	-10.4	-1.4	-1.4	-1.4	-5.9	-2.2	-2.2	3.0	-2.9	-1.3	-1.3
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-1.5	-0.6	-0.6	0.7	-0.7	-0.3	-0.3
+ Tax on Items NOT to be Reclassified — alt tag	0.4	-2.6	-0.4	-0.4	-0.4	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-8.2	-0.8	-3.4	5.3	21.7	-4.5	3.7	35.5	17.8	75.2	-2.8	18.2
+ Tax on Items to be Reclassified	—	—	—	—	—	-0.1	0.0	0.0	-0.0	-0.0	0.0	-0.0
+ Tax on Items to be Reclassified — alt tag	-0.0	0.0	0.0	0.1	-0.1	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	524.6	—	436.6	503.8	527.2	282.6	426.1	185.8	278.1	212.3	100.4	64.4
Comprehensive Income — Non-controlling Interests	-19.9	—	-24.6	-24.3	-27.0	-204.5	-8.6	-13.3	-10.5	-15.6	-13.4	-11.8
Per Share — as-filed variants
Basic EPS — Continuing Operations	16.72	15.79	13.86	7.85	7.96	4.58	6.66	2.38	4.05	2.19	1.63	0.74
Diluted EPS — Continuing Operations	16.72	15.72	13.80	7.81	7.92	4.56	6.63	2.38	4.04	2.18	1.63	0.74
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	2,422.9	2,222.9	2,209.8	2,350.3	2,327.0	2,096.7	1,943.4	1,873.1	2,031.6	1,994.3	1,766.6	1,636.1
Gross Margin %	42.84	40.97	44.74	42.18	44.14	41.55	47.58	44.24	41.10	43.04	39.68	36.59
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	700.0	665.8	583.0	636.2	637.9	465.7	363.9	173.1	344.5	174.8	148.2	17.8
Net Income Adj (tax-effected)	511.7	480.4	416.4	475.3	479.4	86.9	415.5	138.6	247.6	123.7	90.8	35.3
EPS Adj	16.72	15.79	13.86	7.85	7.96	4.58	6.66	2.38	4.05	2.19	1.63	0.74
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Filed Debt Equity	1.00	1.00	1.00	0.00	0.00	0.41	0.42	0.41	0.38	0.32	0.29	0.27
Filed Dscr	5.00	3.00	2.00	2.00	2.00	2.18	1.79	5.01	5.38	10.14	1.69	7.97
Filed Iscr	6.00	6.00	6.00	6.00	6.00	5.50	4.08	3.21	4.78	3.08	3.83	2.46
Paid Up Equity Capital	64.0	64.0	64.0	64.0	64.0	64.0	64.0	64.0	64.0	64.0	64.0	64.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Jindal Saw Q2 FY27 results (July–September 2026)

Filed with NSE on Friday, 16 October 2026 at 4:00 pm IST

Jindal Saw (NSE: JINDALSAW) reported its Q2 FY27 results (July–September 2026) on Friday, 16 October 2026 at 4:00 pm IST. Consolidated net profit attributable to shareholders was ₹47 crore, down 69.0% from ₹152 crore in Q2 FY26 and down 54.8% from ₹104 crore in Q1 FY27. Revenue from operations was ₹4,472 crore, up 5.6% year on year and up 0.4% from the previous quarter.

Q2 FY26 results (a year earlier): 17 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹47 Cr−69.0% vs Q2 FY26−54.8% vs Q1 FY27Total incl. minority interest ₹35.3 Cr
Revenue from operations: ₹4,472 Cr+5.6% vs Q2 FY26+0.4% vs Q1 FY27
Operating margin (EBIT): 2.1%−4.9 pts vs Q2 FY26−3.2 pts vs Q1 FY27EBIT ₹92 Cr
EBITDA: ₹261 Cr−42.1% vs Q2 FY26−34.2% vs Q1 FY27margin 5.8%
Earnings per share (basic): ₹0.74−68.9% vs Q2 FY26−54.6% vs Q1 FY27
Net profit margin: 1.1%−2.5 pts vs Q2 FY26−1.3 pts vs Q1 FY27

Questions

What was Jindal Saw's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹47 crore, down 69.0% from ₹152 crore in Q2 FY26 and down 54.8% from ₹104 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹35.3 crore.

What was Jindal Saw's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹92 crore, a margin of 2.1%, against 5.2% in Q1 FY27 and 7.0% in Q2 FY26. EBITDA was ₹261 crore, 5.8% of revenue.

What was Jindal Saw's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹973 crore in FY26 (April 2025–March 2026), down 44.0% from ₹1,738 crore in FY25. It was ₹1,691 crore in FY24 and ₹632 crore in FY23: up 53.9% over three years, 15.5% a year on average.

What was Jindal Saw's revenue in Q2 FY27?

Revenue from operations was ₹4,472 crore, up 5.6% year on year and up 0.4% from the previous quarter.

What was Jindal Saw's EPS in Q2 FY27?

Basic earnings per share were ₹0.74, against ₹2.38 in Q2 FY26.

What is Jindal Saw's net profit margin?

Jindal Saw's net profit margin was 1.1% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 3.6% in Q2 FY26 (down 2.5 percentage points). For FY26 as a whole it was 5.4%.

How were Jindal Saw's Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 5.6% at ₹4,472 crore, and net profit was down 69.0% at ₹47 crore. The operating margin was 2.1%, down 4.9 percentage points from 7.0% a year earlier. Against Q1 FY27, net profit was down 54.8% and revenue up 0.4%.

What was Jindal Saw's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹151 crore, down 73.7% from ₹576 crore in the same months a year earlier. Revenue from operations was ₹8,924 crore, up 7.3%.

How has Jindal Saw's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹258 crore in Q3 FY26, ₹139 crore in Q4 FY26, ₹104 crore in Q1 FY27 and ₹47 crore in Q2 FY27. That is ₹549 crore over the four quarters, down 60.1% from ₹1,374 crore in the four quarters before. Revenue from operations: ₹4,943 crore, ₹4,633 crore, ₹4,452 crore and ₹4,472 crore.

What was Jindal Saw's revenue in FY26?

Revenue from operations was ₹17,895 crore in FY26 (April 2025–March 2026), down 14.1% from ₹20,829 crore in FY25. It was ₹20,958 crore in FY24 and ₹17,868 crore in FY23: up 0.2% over three years, 0.1% a year on average.

When did Jindal Saw announce its Q2 FY27 results?

On Friday, 16 October 2026 at 4:00 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 17 October 2025.

When will Jindal Saw announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Jindal Saw figures come from?

From Jindal Saw's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 16 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.