Jindal SAW Q4 Profit Drops Sharply, Net Earnings Fall 82% To ₹87 crore
Jindal SAW reported an 81.9 per cent drop in consolidated Q4 profit to Rs 86.9 crore, down from Rs 480.4 crore last year. Total income declined 8 per cent. The board approved Sminu Jindal's re-appointment as Managing Director from 2026.
Jindal SAW profit plunges 82 pc to Rs 87 cr in Q4 |
New Delhi: Jindal Saw on Friday reported an 81.9 per cent decline in consolidated profit after tax (PAT) at Rs 86.9 crore for the March quarter.
The company had posted consolidated PAT of Rs 480.4 crore in the year-ago period.
The consolidated total income of the company during January-March period dropped 8 per cent to Rs 5,067.5 crore over Rs 5,493.7 crore in the year-ago period, according to a filing to the BSE.
The board has approved the re-appointment of Sminu Jindal as Managing Director of the company from February 1, 2026, it said.
ALSO READ
The company is a manufacturer and supplier of steel pipe products, fittings and accessories with manufacturing facilities in India, the US, Europe, and the UAE.
Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.
RECENT STORIES
-
-
-
-
-