Jindal Saw Q2 FY27 Net Profit Rs. 70.69 Crores, Revenue Rs. 3,823.80 Crores
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 16 Oct 2026, 04:03 PM IST · BSE ID: ac81fc88-0310-4206-999d-e666394c260e
View Original BSE Filing (PDF)
💡
In Simple Terms
Jindal Saw reported its latest financial results, showing its profit and sales numbers for the September 2026 quarter.
🤖 AI Summary
- Jindal Saw Ltd reported standalone net profit after tax of ₹ 70.69 Crores for Q2 FY27.
- Revenue from operations for the quarter ended September 30, 2026, was ₹ 3,823.80 Crores.
- Basic earnings per equity share stood at ₹ 1.11 for the quarter ended September 30, 2026.
- Total comprehensive income for the quarter was ₹ 69.77 Crores.
- The board meeting commenced at 2:30 p.m. and concluded at 3:50 p.m. on October 16, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
₹ 3,823.80 Crores
13.39%
Net profit after tax (Q2 FY27)
₹ 70.69 Crores
-10.84%
Basic EPS (Q2 FY27)
₹ 1.11
-10.48%
Total income (Q2 FY27)
₹ 3,881.36 Crores
13.85%
Operating margin (Q2 FY27)
2.10%
-60.19%
Net profit margin (Q2 FY27)
1.82%
-22.55%
🏢 How This Affects the Company
Jindal Saw's revenue from operations increased to ₹ 3,823.80 Crores in Q2 FY27 from ₹ 3,371.85 Crores in Q2 FY26, indicating business growth.
Net profit after tax for Q2 FY27 decreased to ₹ 70.69 Crores from ₹ 79.29 Crores in Q2 FY26. The operating margin for the quarter was 2.10%, a decrease from 5.28% in the prior year comparable quarter.
The increase in 'Changes in inventories of finished goods, work-in-progress and scrap' to ₹ 426.16 Crores suggests a significant change in inventory management or production levels compared to prior periods.
The auditor noted an appeal filed by subsidiary Jindal ITF Limited before the Delhi High Court, with the company assessing its impact on investment carrying value.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including a decline in quarterly net profit to ₹ 70.69 Crores and basic EPS of ₹ 1.11.
🔍
Management Signal
The financial results indicate management's focus on revenue growth while managing expenses, though profitability metrics declined this quarter.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results — monitor for trends in net profit and operating margins.
Updates on Jindal ITF Limited appeal — check for resolution or further developments.
Analysis of cost of materials consumed — evaluate future impact on profitability.
MEDIUM RISK
Declining net profit and operating margins despite revenue growth, coupled with a pending subsidiary legal matter.
💡 Investor Takeaway
Jindal Saw Ltd reported Q2 FY27 standalone net profit after tax of ₹ 70.69 Crores, a 10.84% decrease from ₹ 79.29 Crores in Q2 FY26. Revenue from operations increased by 13.39% to ₹ 3,823.80 Crores from ₹ 3,371.85 Crores in the prior year comparable quarter.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations grew to ₹ 3,823.80 Crores in Q2 FY27 from ₹ 3,371.85 Crores in Q2 FY26, an increase of 13.39%.
- Debt equity ratio improved to 0.20 as of September 30, 2026, from 0.28 as of September 30, 2025.
⚠️ Concerns
- Net profit after tax decreased to ₹ 70.69 Crores in Q2 FY27 from ₹ 79.29 Crores in Q2 FY26, a decline of 10.84%.
- Operating margin reduced to 2.10% in Q2 FY27 from 5.28% in Q2 FY26, indicating lower profitability from core operations.
📅 Company Track Record
Jindal Saw's Q1 FY27 net profit decreased to ₹ 109.77 Crores, despite revenue growth. The current Q2 FY27 results show a further sequential decline in net profit from Q1 FY27's ₹ 109.77 Crores.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jindal Saw Ltd's net profit for the quarter ended September 30, 2026?
Jindal Saw Ltd reported a standalone net profit after tax of ₹ 70.69 Crores for the quarter ended September 30, 2026.
What was Jindal Saw Ltd's revenue from operations in Q2 FY27?
Revenue from operations for Jindal Saw Ltd stood at ₹ 3,823.80 Crores for the quarter ended September 30, 2026.
How did Jindal Saw Ltd's net profit compare year-on-year for the September quarter?
Net profit after tax decreased by 10.84% to ₹ 70.69 Crores in Q2 FY27 from ₹ 79.29 Crores in the quarter ended September 30, 2025.
What was the operating margin for Jindal Saw Ltd in Q2 FY27?
The operating margin for Jindal Saw Ltd in the quarter ended September 30, 2026, was 2.10%.
What was the Basic Earnings Per Share (EPS) for Jindal Saw Ltd in Q2 FY27?
The Basic Earnings Per Share for Jindal Saw Ltd for the quarter ended September 30, 2026, was ₹ 1.11.
Questions based on this BSE filing only. For information purposes.