Jindal SAW reported FY26 standalone revenue of ₹14,620 crore and net profit of ₹78.4 crore, representing declines of 18.5% and 58.2% respectively from FY25 levels.
The Board recommended a dividend of ₹2 per equity share while disclosing significant contingent liability from a ₹1,891 crore arbitration award currently under appeal in Delhi High Court.
Operational challenges included geopolitical tensions, Middle East conflicts, domestic infrastructure delays, and rising raw material costs affecting production volumes and profitability.
Expansion projects include new 300,000 TPA pipe manufacturing facilities in UAE and Saudi Arabia through joint ventures, currently in development phase.