Jindal Saw Q2 profit drops 69% to ₹47 crore
In short
Jindal Saw reported second-quarter net profit of ₹47 crore, down 69% from a year earlier. EBITDA also fell 42% to ₹261 crore, while expenses grew faster than revenue.
This matters because weaker profit and EBITDA can pressure the stock and raise questions about costs. The report does not give the exact revenue number or the reason expenses rose.
What the reporting says
Jindal Saw reported a 69% year-on-year drop in second-quarter net profit to ₹47 crore, according to the reporting. EBITDA fell 42% to ₹261 crore, and expenses outpaced revenue growth. The source says revenue rose 6% but does not provide the exact revenue figure or explain the cost pressure.
Why it matters
Jindal Saw reported a second-quarter net profit of ₹47 crore, down 69% year on year, while EBITDA fell 42% to ₹261 crore. The reporting says revenue grew 6% but expenses outpaced that growth, without giving the revenue figure or explaining the higher costs. The results are relevant for investors watching margin pressure and earnings quality.