Jindal Saw Limited, an Indian producer of steel pipes and iron ore pellets, recorded a 64.18% quarter-on-quarter fall and a 69.6% year-on-year drop in its net profit to Rs 151.89 crore for the second quarter of the fiscal year 2025-26. 

The company’s total revenue rose by 3.89% compared to the previous quarter, reaching Rs 4,273.47 crore, while this figure represented a year-on-year drop of 23.8%. 

The net profit margin in the period was 3.55%, down by 65.5% from the preceding quarter and by 60% compared to the same period last year.