Jindal Saw Shares Fall 4% After Q1 Profit Drops 75% Despite Higher Revenue

Jindal Saw shares fell around 4% after the company reported a 75% decline in Q1 FY27 net profit to ₹104 crore, even though revenue increased 9% YoY to ₹4,452 crore. Export operations were impacted by geopolitical tensions in the MENA region. Supply chain disruptions affected the Abu Dhabi unit. Weak performance in the water pipe business weighed on profitability. Investors should track: Recovery in export operations. Improvement in the MENA region supply chain. Upcoming quarterly earnings and order book growth. This news taught me that revenue growth alone does not guarantee higher profits. Geopolitical risks, supply chain disruptions, and higher operating costs can significantly impact a company's earnings and stock performance.