Jindal Saw Limited — Important, 24-01-2025: Updates

The Board of Directors of Jindal Saw Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The company's standalone total income decreased by 6% to ₹45,209 million in Q3 FY25, while it grew by 4% to ₹137,282 million for the nine months. EBITDA was slightly down, at ₹8,821 million in Q3 but rose by 15% year-on-year to ₹25,994 million in the nine-month period. Profit after tax (PAT) improved by 5% to ₹4,772 million in Q3, and significantly increased by 29% to ₹14,002 million for the nine months. On a consolidated basis, total income fell by 7% in Q3 to ₹52,933 million, whereas it showed a modest increase of 2% for the nine months to ₹158,804 million. The company continues to maintain a robust order book of approximately $1.48 billion, with significant contributions from both domestic and international demand, which signifies a positive outlook amidst current market dynamics. Investors should watch closely for ongoing operational enhancements and market positioning strategies as the company leverages its diverse capabilities.