India's Jindal Saw hits 19-month low on weak quarterly results

Jindal Saw

17/10/2025 10:46

** India's Jindal Saw JIND.NS falls 5.4% to 190.65 rupees, lowest since March 13, 2024

** Co's Q2 revenue falls 24% y/y, while profit slumps ~70%

** EBITDA margin down to 9.8% from 18.3% a year ago, per investor presentation

** YTD, stock down 34.5%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))