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(15/07/2026 19:00)

Jindal Saw Q1 net profit down 69.84% at Rs 109.77 cr

The company reported standalone net profit of Rs 109.77 crore for the quarter ended June 30, 2026 as compared to Rs 363.94 crore in the same period last year, registering a year-on-year decline of 69.84 per cent.

Net revenue of the company rose moderately by 12.76 per cent at Rs 3,721.44 crore in April-June quarter of this fiscal as against Rs 3,300.37 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 23.40 per cent to Rs 3,414.63 crore from Rs 2,767.21 crore in year ago period.

Other Income grew by 29.38 per cent at Rs 34.22 crore versus (Jun'25 Rs 26.45 crore).

Operating Profit slipped by 42.45 per cent to Rs 306.81 crore as against Rs 533.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.98 per cent in June quarter.

Interest declined by 46.02 per cent y-o-y to Rs 70.72 crore, while Taxation increased by 161.87 per cent at Rs 35.24 crore (Jun'25 Rs -56.96 crore).

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