Jindal Saw Reports Strong Q4 Results, Announces Dividend And New Plant In KSA

Jindal Saw Ltd, a leading manufacturer of pipes and tubular products, has posted robust financial results for the March quarter. The company’s performance underscores its operational strength and strategic expansion plans.

Revenue And Profit Performance

The company reported consolidated revenue of ₹46.33 billion, supported by strong demand across domestic and international markets. Net profit stood at ₹1.39 billion, reflecting efficient operations and cost management.

Dividend Declaration

The board approved a dividend of ₹2 per share, reaffirming its commitment to shareholder value and financial stability.

Expansion In Saudi Arabia

Jindal Saw announced plans to establish an additional LSAW (Longitudinal Submerged Arc Welded) pipe facility in Saudi Arabia through a joint initiative with Buhur. This move strengthens its global footprint and positions the company to tap into Middle Eastern infrastructure demand.

Key highlights

• Revenue from operations ₹46.33 billion
• Net profit ₹1.39 billion
• Dividend of ₹2 per share declared
• New LSAW facility planned in Saudi Arabia with Buhur

Sources: Reuters, Company filings