India’s Jindal SAW Limited reported consolidated net profit of INR 470.40 million ($4.94 million) for the second quarter of fiscal 2026–27, covering July to September. That was a 69% decline from the same quarter a year earlier, the company said in a regulatory filing on October 19.
Quarterly revenue rose 6% year on year to INR 44.72 billion ($470 million).
Jindal SAW makes helical and longitudinal submerged arc welded pipes, ductile iron pipes, seamless pipes and iron ore pellets.
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