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JIJINDALSAW

Jindal Saw Q2 FY26 results (Jul–Sep 2025) and concall

Capital Goods · Concall AI · Call held 23 Oct 2025

Jindal Saw reported a significantly weaker Q2 FY26 performance due to domestic liquidity constraints in the water infrastructure sector and operational disruptions from heavy rains. Despite the financial dip, the company achieved its highest-ever order book, driven by a massive 6.22 lakh ton export contract from Saudi Arabia. Management expects a gradual recovery starting Q3 FY26 as government funding releases and new capacity in the seamless segment comes online.

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What they filed

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue5,271 5,047 4,085 4,234
EBITDA939 736 670 451
Net profit479 87 415 139
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.