Home / Business and Economy / Jindal Saw Soars: Q3 Results Boost Share Price by 17%
Jindal Saw Soars: Q3 Results Boost Share Price by 17%
20 Jan
Summary
- Jindal Saw's Q3FY26 profit after tax surged 78.7% sequentially.
- Revenue increased 16.40% quarter-on-quarter, signaling operational improvement.
- The company's total order book volume saw a marginal rise to 1.96 million MT.
Jindal Saw's stock experienced a notable surge of 17.69%, reaching an intraday high of ₹182 on the NSE. This significant jump was triggered by the company's announcement of improved operational performance in the third quarter of the fiscal year 2025-26 (Q3FY26).
The iron and steel products manufacturer reported a robust sequential growth in its financial metrics. Profit after tax (PAT) rose sharply by 78.7% from ₹138.6 crore in Q2FY26 to ₹247.6 crore in Q3FY26. Revenue also demonstrated strong quarter-on-quarter improvement, increasing by 16.40% to ₹4,963 crore.
Further indicating positive operational momentum, earnings before interest, taxes, depreciation, and amortisation (Ebitda) grew by 31.30% sequentially to ₹632.2 crore. The company's total order book volume for its iron and steel pipe business expanded slightly to 1.96 million MT by December 2025.
