Jindal Saw announced its unaudited financial results for Q3 FY26. The company reported a total income of ₹41,570 million for the quarter. The order book for pipes and pellets stands at approximately US$ 1,481 million. The company saw improved operational performance and continues to invest in debottlenecking and enhancing operational efficiency. Jindal Saw’s subsidiary, Jindal Hunting Energy Services, reported revenue of ₹1,379 million.
Q3 FY26 Financial Performance
Jindal Saw has released its financial highlights for the third quarter of FY26. Key figures from the standalone results include:
- Total Income: ₹41,570 million
- EBITDA: ₹5,271 million
- Profit Before Tax (PBT): ₹3,020 million
- Profit After Tax (PAT): ₹2,268 million
The company’s total income for the nine months ended December 31, 2025, reached ₹108,928 million.
Order Book and Operations
The order book for pipes and pellets is approximately US$ 1,481 million. Iron & Steel Pipes account for $1,442 million and Pellets for $39 million. The company highlighted an all-time high order book in terms of volumes for Iron & Steel Pipes, with approximately 1.96 million MT.
Key Corporate Updates
Jindal Saw is expanding its global footprint with projects in UAE and KSA. Jindal Seamless Pipe Manufacturing LLC has been incorporated to establish a seamless pipe manufacturing facility in the KEZAD Economic Zone, Abu Dhabi, UAE. A joint venture has been established to develop a SAW pipe manufacturing facility in Kingdom of Saudi Arabia. Jindal Saw Gulf LLC in Abu Dhabi delivered approximately 52,000 MT of corrosion-resistant Ductile Iron (DI) pipes during the quarter.
Subsidiary Performance
Jindal Hunting Energy Services Limited, a joint venture, reported revenue of ₹1,379 million and a Profit After Tax of ₹440 million for the nine-month period ended December 31, 2025.
Source: BSE