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, 04:06 PM IST · BSE ID: d29872f6-c6f8-4ff9-a43e-fb12f9bf7a31
View Original BSE Filing (PDF)
💡
In Simple Terms
Jindal Saw's profit declined to Rs. 70.69 Crores this quarter, despite an increase in its total sales.
🤖 AI Summary
- Jindal Saw's net profit after tax for Q2 FY27 was Rs. 70.69 Crores, down from Rs. 109.77 Crores in Q1 FY27.
- Revenue from operations for the quarter ended September 30, 2026, reached Rs. 3,823.80 Crores.
- Half-year net profit for H1 FY27 totaled Rs. 180.46 Crores, with revenue from operations at Rs. 7,545.24 Crores.
- Basic earnings per equity share for Q2 FY27 stood at Rs. 1.11, compared to Rs. 1.72 in the prior quarter.
- Debt equity ratio remained stable at 0.20 as of September 30, 2026, same as the previous quarter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Quarter ended 30.09.2026)
Rs. 3,823.80 Crores
13.39%
Net profit after tax (Quarter ended 30.09.2026)
Rs. 70.69 Crores
-10.70%
Basic Earnings per equity share (Quarter ended 30.09.2026)
Rs. 1.11
-10.48%
Revenue from operations (Half year ended 30.09.2026)
Rs. 7,545.24 Crores
13.08%
Net profit after tax (Half year ended 30.09.2026)
Rs. 180.46 Crores
-59.29%
Operating margin (%) (Quarter ended 30.09.2026)
2.10%
Debt equity ratio (as of 30.09.2026)
0.20
🏢 How This Affects the Company
The company's net profit decreased to Rs. 70.69 Crores in Q2 FY27 from Rs. 109.77 Crores in Q1 FY27, while revenue from operations increased to Rs. 3,823.80 Crores from Rs. 3,721.44 Crores.
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 company's financial performance, specifically the Q2 FY27 net profit of Rs. 70.69 Crores and basic EPS of Rs. 1.11.
🔍
Management Signal
The financial results indicate management's focus on maintaining revenue growth, however, profitability faced pressure during the quarter.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for profitability and margin trends.
Update on Jindal ITF Limited appeal — assess any resolution or impact.
Next board meeting — observe any strategic decisions for improving margins.
MEDIUM RISK
The decline in net profit and operating margin despite revenue growth indicates profitability challenges.
💡 Investor Takeaway
Jindal Saw reported a net profit of Rs. 70.69 Crores for Q2 FY27, a 10.70% decrease from Rs. 79.29 Crores in Q2 FY26. Revenue from operations increased by 13.39% to Rs. 3,823.80 Crores from Rs. 3,371.85 Crores over the same period, confirming revenue growth but reduced profitability.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased to Rs. 3,823.80 Crores in Q2 FY27 from Rs. 3,371.85 Crores in Q2 FY26, a 13.39% YoY growth.
- Debt equity ratio remained stable at 0.20 as of September 30, 2026, indicating consistent leverage management.
⚠️ Concerns
- Net profit after tax for Q2 FY27 decreased to Rs. 70.69 Crores from Rs. 79.29 Crores in Q2 FY26, a 10.70% decline.
- Operating margin decreased to 2.10% in Q2 FY27 from 5.28% in Q2 FY26, indicating reduced profitability per unit of revenue.
📅 Company Track Record
Jindal Saw's Q1 FY27 net profit decreased to Rs. 109.77 Crores, despite revenue growth. The company reported a net profit of Rs. 70.69 Crores and revenue of Rs. 3,823.80 Crores for Q2 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jindal Saw's net profit in Q2 FY27?
Jindal Saw's net profit after tax for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 70.69 Crores.
What was Jindal Saw's revenue from operations in Q2 FY27?
Jindal Saw reported revenue from operations of Rs. 3,823.80 Crores for the quarter ended September 30, 2026 (Q2 FY27).
How did Jindal Saw's Q2 FY27 net profit compare to Q2 FY26?
The net profit for Q2 FY27 was Rs. 70.69 Crores, a 10.70% decrease from Rs. 79.29 Crores in Q2 FY26.
What was Jindal Saw's basic earnings per share for Q2 FY27?
Basic earnings per equity share for Jindal Saw in Q2 FY27 was Rs. 1.11, compared to Rs. 1.24 in Q2 FY26.
What was Jindal Saw's debt equity ratio as of September 30, 2026?
Jindal Saw's debt equity ratio was 0.20 as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.