Jindal Saw shares zoom nearly 18% post Q3 results; check numbers

This comes despite its profit falling 49% YoY. However, the company posted a 70% QoQ growth in its net profit.

The stock was trading 15.23% higher at ₹178.19 per unit at around 3:14 pm.

The scrip has rallied more than 11% in the past week and 12% over the month. On a year-to-date basis, it has advanced by nearly 8%.

While the stock touched a 52-week low of ₹153 on December 9, 2025, it reached a year’s high of ₹286.40 per equity share on March 20, 2025.

Q3 results

In a regulatory filing in the post-market hours on Friday, Jindal Saw reported a 49.06% year-on-year (YoY) drop in its consolidated net profit to ₹257.99 crore for the quarter under review, compared to ₹506.42 crore it logged in the December quarter of the 2024-25 fiscal year (Q3FY25).

On a sequential basis, its profit advanced by 69.85% quarter-on-quarter (QoQ) from ₹151.89 crore in the September quarter of the current financial year.

The OP Jindal Group company clocked ₹4,943.41 crore in its revenue in the third quarter of FY26, marking a 6.22% annual decline from ₹5,271.30 crore in the same period of the previous fiscal year. However, its revenue gained 16.77% sequentially from ₹4,233.60 crore in the quarter-ago period.

At an operational level, its EBITDA (earnings before interest, tax, depreciation, and amortisation), also known as operating profit, fell 34.24% YoY to ₹632.2 crore during the reporting quarter, as against ₹961.4 crore in Q3 FY25.

On a sequential basis, however, its EBITDA increased 31.27% QoQ from ₹481.6 crore in the second quarter of FY26.

Its EBITDA margin contracted on a YoY basis to 12.7% from 18.2% in the year-ago period, but it expanded from 11.3% sequentially.

Jindal Saw has a total market capitalisation of ₹11,498.36 crore, as January 19, 2025, according to data on the NSE.