Jindal Saw Q4 Results: Profit Plunge Weighs on Sentiment

Jindal Saw reported a sharp 42% YoY decline in consolidated net profit to ₹291 crore for Q4 FY25, with revenue also slipping nearly 7% to ₹5,047 crore. Despite announcing a ₹2 per share dividend, the weak financials triggered investor caution. The stock fell over 1% on result day, marking its third straight session of losses and ending the week down 4.41%. With results announced post-market on May 2, the stock is expected to stay under close watch when markets reopen on May 5. Technically, ₹286.40 remains a strong resistance, while ₹217.65 could act as critical support in the near term. Disclaimer: This post is for informational purposes only and does not constitute investment advice.