JINDAL SAW LTD. - 500378 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shradha Jatia & PACs
Jindal Saw - Geared For Growth; Positive Demand Outlook: Systematix
The stock currently trades 6.4x FY24 Ebitda; management is targeting to reduce debt in FY25 through internal accruals, which could drive a re-rating in the stock. JINDAL SAW LTD. - 500378 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
we wish to inform you that the Company's officials are meeting with an investor on one-to-one basis at corporate office in New Delhi on Wednesday, May 15, 2024 at 11:00 AM IST. JINDAL SAW LTD. - 500378 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
The transcript is attached. JINDAL SAW LTD. - 500378 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is with reference to the captioned subject and our letter dated May 1, 2024, the Company has organized a conference call for analyst and investors on the audited (standalone & consolidated) financial results (Q4FY24) of the Company for the quarter/year ended March 31, 2024 on Wednesday, May 8, 2024 at 3:30 PM (IST). This call was hosted by Phillip Capital (India) Private Limited. The audio recording of the conference call has been made available on the website of the Company at https://www.jindalsaw.com/audio/Jindal%20Saw%20-%20Q4%20FY24%20Audio%20Recording.mp3 Q4FY24 Quarterly & FY24 Annual Result Announced for Jindal Saw Ltd.
Industrial Products company Jindal Saw announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Standalone: Standalone Total Income Growth: Total income saw a YoY increase of 7%, with a quarterly figure of Rs 50,061 million. Operating Expenses: Showed a moderate increase in raw material costs, a significant rise in staff costs, and a slight decrease in other expenses on a YoY basis. EBITDA Improvement: Experienced a significant increase of 44.4%. Profitability: Profit before tax (PBT) and profit after tax (PAT) noted substantial growth, marking a very successful financial performance. Consolidated: Consolidated Total Income: Increased by 4.3% compared to Q4FY23. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Surged by 45.7%. Profitability on Consolidated Basis: PAT had a significant rise of 61.5%. FY24 Financial Highlights: Standalone: Standalone Total Income Growth: Total income saw an annual increase of 16.1% with FY24 total income being Rs 1,82,330 million. Operating Expenses: Similar trends as Q4FY24, but for the full financial year. EBITDA Improvement: Experienced a significant increase of 76.6% for the full financial year. Profitability: Profit before tax (PBT) and profit after tax (PAT) noted substantial growth, marking a very successful financial performance for the fiscal year. Consolidated: Consolidated Total Income: Increased by 17% compared to FY23. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Surged by 87.9%. Profitability on Consolidated Basis: PAT had a remarkable rise of 252.6% for the entire fiscal year. Result PDF
Jindal Saw Shares Fall After Profit Misses Estimates
The company's net profit rose 61.46% year-on-year to Rs 480 crore in the quarter ended March, missing Bloomberg's estimate of Rs 576 crore. JINDAL SAW LTD. - 500378 - Financial Highlights/Operational Highlights-Year/4Th Quarter Results
as per attachment 