Jindal Saw Ltd reported ₹1.52 billion net profit and ₹42.34 billion revenue for Q2 FY26, driven by stable demand in infrastructure and energy sectors. The company’s diversified product mix and operational efficiency supported profitability. Strategic investments in capacity and automation are expected to sustain growth in the coming quarters.
Jindal Saw Ltd has reported a steady financial performance for the quarter ended September 2025, with consolidated net profit reaching ₹1.52 billion and revenue from operations climbing to ₹42.34 billion. The results reflect stable demand across its pipe and tubular product segments, supported by infrastructure and energy sector activity.
Key Metrics From The Quarterly Report
- Consolidated revenue from operations stood at ₹42.34 billion, driven by consistent order flows in domestic and export markets.
- Net profit for Q2 FY26 came in at ₹1.52 billion, reflecting operational efficiency and cost discipline.
- The company continues to benefit from its diversified product portfolio, including large diameter pipes, seamless tubes, and ductile iron offerings.
- Jindal Saw is actively investing in capacity enhancement and automation to improve throughput and reduce turnaround times.
Strategic Insights
The company’s performance was supported by demand from oil and gas, water transmission, and urban infrastructure projects. Its backward integration and global supply chain presence have helped mitigate raw material volatility and ensure delivery reliability.
Industry Context
India’s steel and pipe manufacturing sector is witnessing stable growth, backed by government-led infrastructure investments and rising export opportunities. Jindal Saw’s ability to serve both utility and industrial clients positions it well within this evolving landscape.
Market Outlook
Analysts expect Jindal Saw to maintain its growth trajectory through strategic capex, product innovation, and operational streamlining. The Q2 results reinforce its standing as a key player in the industrial pipe segment with a balanced domestic and international footprint.
Sources: Reuters, Moneycontrol, Jindal Saw Financials