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The December 2019 quarter revenue stood at Rs. 27020.50 millions, up 15.00% as compared to Rs. 23495.60 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -20.29% to Rs. 1196.90  millions from Rs. 1501.60 millions.OP of the company witnessed a marginal growth to 4137.10 millions from 3704.30 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 27020.50 23495.60 15.00 76361.10 69852.30 9.32 98294.90 73632.50 33.49 Other Income 463.00 492.20 -5.93 1402.10 1611.20 -12.98 2211.00 1925.80 14.81 PBIDT 4137.10 3704.30 11.68 11782.40 10841.40 8.68 15165.30 12596.70 20.39 Interest 1283.80 815.30 57.46 3773.80 3736.20 1.01 4961.10 4151.10 19.51 PBDT 2508.80 2889.00 -13.16 7128.40 7105.20 0.33 10204.20 8445.60 20.82 Depreciation 744.60 726.70 2.46 2146.50 2103.60 2.04 2814.20 2561.70 9.86 PBT 1764.20 2162.30 -18.41 4981.90 5001.60 -0.39 7390.00 5883.90 25.60 TAX 567.30 660.70 -14.14 -705.00 1546.50 -145.59 2409.10 1940.90 24.12 Deferred Tax -164.90 39.20 -520.66 -2765.00 31.90 -8767.71 198.30 758.40 -73.85 PAT 1196.90 1501.60 -20.29 5686.90 3455.10 64.59 4980.90 3943.00 26.32 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.31 15.77 -2.89 15.43 15.52 -0.58 15.43 17.11 -9.81

With no major difference for the quarter endedSeptember 2019 , the total revenue stood at Rs. 23530.80  millions.The Net Profit of the company vaulted to 202.54% to Rs. 3034.50  millions from Rs. 1003.00 millions in the previous quarter.The Operating Profit of the company witnessed a decrease to 3614.80 millions from 3633.90 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 23530.80 23456.20 0.32 49340.60 46356.70 6.44 98294.90 73632.50 33.49 Other Income 459.50 559.90 -17.93 939.10 1119.00 -16.08 2211.00 1925.80 14.81 PBIDT 3614.80 3633.90 -0.53 7645.30 7137.10 7.12 15165.30 12596.70 20.39 Interest 1311.20 1442.20 -9.08 2490.00 2920.90 -14.75 4961.10 4151.10 19.51 PBDT 1767.90 2191.70 -19.34 4619.60 4216.20 9.57 10204.20 8445.60 20.82 Depreciation 713.70 724.30 -1.46 1401.90 1376.90 1.82 2814.20 2561.70 9.86 PBT 1054.20 1467.40 -28.16 3217.70 2839.30 13.33 7390.00 5883.90 25.60 TAX -1980.30 464.40 -526.42 -1272.30 885.80 -243.63 2409.10 1940.90 24.12 Deferred Tax -2558.20 7.10 -36130.99 -2600.10 -7.30 35517.81 198.30 758.40 -73.85 PAT 3034.50 1003.00 202.54 4490.00 1953.50 129.84 4980.90 3943.00 26.32 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.36 15.49 -0.84 15.49 15.40 0.64 15.43 17.11 -9.81

Jindal Saw is currently trading at Rs. 69.30, up by 0.75 points or 1.09% from its previous closing of Rs. 68.55 on the BSE.The scrip opened at Rs. 68.00 and has touched a high and low of Rs. 69.80 and Rs. 68.00 respectively. So far 30252 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 102.00 on 18-Sep-2018 and a 52 week low of Rs. 63.10 on 05-Aug-2019.Last one week high and low of the scrip stood at Rs. 71.25 and Rs. 64.05 respectively. The current market cap of the company is Rs. 2209.50 crore.The promoters holding in the company stood at 63.01%, while Institutions and Non-Institutions held 11.70% and 25.29% respectively.Jindal Saw has entered into Strategic Alliance Agreement (SAA) with Hunting Energy Services PTE, Singapore (Hunting) to manufacture, market and sell products which would be based on the technology available with Hunting and the manufacturing facilities available with the Company. The company and Hunting have identified opportunities in oil and gas sector with premium products of Hunting.Jindal Saw is in a commanding position in India`s tubular market.

A fair growth of 12.70% in the revenue at Rs. 25809.80 millions was reported in the June 2019 quarter as compared to Rs. 22900.50 millions during year-ago period.The Profit  for the quarter ended June 2019 of  Rs. 1455.50  millions  grew by 53.13% from Rs. 950.50 millions.OP of the company witnessed a marginal growth to 4030.50 millions from 3503.20 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 25809.80 22900.50 12.70 25809.80 22900.50 12.70 98294.90 73632.50 33.49 Other Income 479.60 559.10 -14.22 479.60 559.10 -14.22 2211.00 1925.80 14.81 PBIDT 4030.50 3503.20 15.05 4030.50 3503.20 15.05 15165.30 12596.70 20.39 Interest 1178.80 1478.70 -20.28 1178.80 1478.70 -20.28 4961.10 4151.10 19.51 PBDT 2851.70 2024.50 40.86 2851.70 2024.50 40.86 10204.20 8445.60 20.82 Depreciation 688.20 652.60 5.46 688.20 652.60 5.46 2814.20 2561.70 9.86 PBT 2163.50 1371.90 57.70 2163.50 1371.90 57.70 7390.00 5883.90 25.60 TAX 708.00 421.40 68.01 708.00 421.40 68.01 2409.10 1940.90 24.12 Deferred Tax -41.90 -14.40 190.97 -41.90 -14.40 190.97 198.30 758.40 -73.85 PAT 1455.50 950.50 53.13 1455.50 950.50 53.13 4980.90 3943.00 26.32 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.62 15.30 2.08 15.62 15.30 2.08 15.43 17.11 -9.81

Jindal Saw is currently trading at Rs. 67.05, up by 0.30 points or 0.45% from its previous closing of Rs. 66.75 on the BSE.The scrip opened at Rs. 66.00 and has touched a high and low of Rs. 67.45 and Rs. 64.45 respectively. So far 63650 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 102.00 on 18-Sep-2018 and a 52 week low of Rs. 64.45 on 02-Aug-2019.Last one week high and low of the scrip stood at Rs. 75.45 and Rs. 64.45 respectively. The current market cap of the company is Rs. 2132.76 crore.The promoters holding in the company stood at 63.01%, while Institutions and Non-Institutions held 11.70% and 25.29% respectively.Jindal Saw has entered into in an Operation, Maintenance and Management Agreement with Sathavahana Ispat. Under the Agreement, the company has agreed to operate, maintain and manage the manufacturing facilities of Sathavahana Ispat for a period of 3 years which may be extended for a maximum period of 10 years subject to certain conditions as provided in the Agreement. Under the Agreement, the company shall manufacture and sell the products, namely, ductile iron pipes, pig iron and coke and all other related items under its brand name during the term of the Agreement in consideration of the rentals as defined in the Agreement.The above arrangement will be effective upon receipt of all necessary statutory and other approvals. Jindal Saw is in a commanding position in India`s tubular market.

The revenue for the December 2018 quarter is pegged at Rs. 23419.10 millions, about 10.74% up against Rs. 21146.90 millions recorded during the year-ago period.A good growth in profit of 36.45% reported to Rs. 1501.60  millions over Rs. 1100.50 millions of corresponding previous quarter.The company reported a good operating profit of 3704.30 millions compared to 3188.80 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 23419.10 21146.90 10.74 69634.20 48863.00 42.51 73349.10 59155.60 23.99 Other Income 568.90 663.90 -14.31 1829.50 1808.20 1.18 2209.70 2350.40 -5.99 PBIDT 3704.30 3188.80 16.17 10841.40 8236.70 31.62 12596.70 11967.40 5.26 Interest 815.30 863.30 -5.56 3736.20 2897.70 28.94 4151.10 3798.70 9.28 PBDT 2889.00 2325.50 24.23 7105.20 5339.00 33.08 8445.60 8199.30 3.00 Depreciation 726.70 616.40 17.89 2103.60 1903.10 10.54 2561.70 2294.00 11.67 PBT 2162.30 1709.10 26.52 5001.60 3435.90 45.57 5883.90 5905.30 -0.36 TAX 660.70 608.60 8.56 1546.50 1076.50 43.66 1940.90 2044.70 -5.08 Deferred Tax 39.20 217.40 -81.97 31.90 302.40 -89.45 758.40 839.50 -9.66 PAT 1501.60 1100.50 36.45 3455.10 2359.40 46.44 3943.00 3860.60 2.13 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.82 15.08 4.89 15.57 16.86 -7.64 17.17 20.23 -15.11

An increase of about 76.90% to Rs. 23372.00 millions in the topline was observed for the quarter ended September 2018. The topline stood at Rs. 13211.90 millions during the similar quarter previous year.Profit after tax for the quarter ended September 2018 reported a huge growth of 61.00% to Rs. 1003.00  millions from Rs. 623.00 millions.Operating profit for the quarter ended September 2018 rose to 3633.90 millions as compared to 2727.10 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 23372.00 13211.90 76.90 46215.10 27716.10 66.74 73349.10 59155.60 23.99 Other Income 643.70 522.50 23.20 1260.60 1144.30 10.16 2209.70 2350.40 -5.99 PBIDT 3633.90 2727.10 33.25 7137.10 5047.90 41.39 12596.70 11967.40 5.26 Interest 1442.20 1161.00 24.22 2920.90 2034.40 43.58 4151.10 3798.70 9.28 PBDT 2191.70 1566.10 39.95 4216.20 3013.50 39.91 8445.60 8199.30 3.00 Depreciation 724.30 678.60 6.73 1376.90 1286.70 7.01 2561.70 2294.00 11.67 PBT 1467.40 887.50 65.34 2839.30 1726.80 64.43 5883.90 5905.30 -0.36 TAX 464.40 264.50 75.58 885.80 467.90 89.31 1940.90 2044.70 -5.08 Deferred Tax 7.10 59.80 -88.13 -7.30 85.00 -108.59 758.40 839.50 -9.66 PAT 1003.00 623.00 61.00 1953.50 1258.90 55.18 3943.00 3860.60 2.13 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.55 20.64 -24.67 15.44 18.21 -15.21 17.17 20.23 -15.11

Jindal Saw is currently trading at Rs. 86.50, down by 0.05 points or 0.06% from its previous closing of Rs. 86.55 on the BSE.The scrip opened at Rs. 87.50 and has touched a high and low of Rs. 89.05 and Rs. 86.25 respectively. So far 181946 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 182.00 on 24-Jan-2018 and a 52 week low of Rs. 68.25 on 28-Jun-2018.Last one week high and low of the scrip stood at Rs. 91.10 and Rs. 84.50 respectively. The current market cap of the company is Rs. 2767.47 crore.The promoters holding in the company stood at 53.59%, while Institutions and Non-Institutions held 14.88 % and 31.53% respectively.The company has reported 48.99% rise in its net profit at Rs 95.41 crore for first quarter ended June 30, 2018 as compared to Rs 64.04 crore for the same quarter in the previous year. Total income of the company increased by 55.10% at Rs 2346.00 crore for Q1FY19 as compared Rs 1,512.60 crore for the corresponding quarter previous year.Jindal Saw manufactures and supplies iron and steel pipe products, fittings and accessories with various manufacturing facilities in various countries, including India, the United States, Europe and the United Arab Emirates (UAE).

The turnover zoomed to Rs. 22843.10 millions, up 57.49% for the June 2018 quarter as against Rs. 14504.20 millions during the year-ago period.A good growth in profit of 49.47% reported to Rs. 950.50  millions over Rs. 635.90 millions of corresponding previous quarter.Operating profit surged to 3503.20 millions from the corresponding previous quarter of 2320.80 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 22843.10 14504.20 57.49 22843.10 14504.20 57.49 73349.10 59155.60 23.99 Other Income 616.90 621.80 -0.79 616.90 621.80 -0.79 2209.70 2350.40 -5.99 PBIDT 3503.20 2320.80 50.95 3503.20 2320.80 50.95 12596.70 11967.40 5.26 Interest 1478.70 873.40 69.30 1478.70 873.40 69.30 4151.10 3798.70 9.28 PBDT 2024.50 1447.40 39.87 2024.50 1447.40 39.87 8445.60 8199.30 3.00 Depreciation 652.60 608.10 7.32 652.60 608.10 7.32 2561.70 2294.00 11.67 PBT 1371.90 839.30 63.46 1371.90 839.30 63.46 5883.90 5905.30 -0.36 TAX 421.40 203.40 107.18 421.40 203.40 107.18 1940.90 2044.70 -5.08 Deferred Tax -14.40 25.20 -157.14 -14.40 25.20 -157.14 758.40 839.50 -9.66 PAT 950.50 635.90 49.47 950.50 635.90 49.47 3943.00 3860.60 2.13 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00 PBIDTM(%) 15.34 16.00 -4.16 15.34 16.00 -4.16 17.17 20.23 -15.11

The sales figure stood at Rs. 21146.90 millions for the December 2017 quarter. The mentioned figure indicates a growth of about 48.22% as compared to Rs. 14267.50 millions during the year-ago period.Net profit stood at Rs. 962.30  millions  compared to Rs. 806.70 millions in the corresponding previous quarter,high by 19.29%.Operating Profit saw a handsome growth to 3151.30 millions from 2750.40 millions in the quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 21146.90 14267.50 48.22 48913.60 41557.10 17.70 59329.60 63364.40 -6.37 Other Income 660.00 398.70 65.54 1819.40 1190.30 52.85 2173.90 2042.80 6.42 PBIDT 3151.30 2750.40 14.58 8188.30 8062.90 1.56 11211.90 11124.30 0.79 Interest 863.30 956.50 -9.74 2897.90 3047.90 -4.92 3799.00 4944.70 -23.17 PBDT 1985.40 1793.90 10.68 4987.80 4668.50 6.84 7100.70 4847.50 46.48 Depreciation 623.70 571.20 9.19 1926.10 1733.80 11.09 2393.60 2272.00 5.35 PBT 1361.70 1222.70 11.37 3061.70 2934.70 4.33 4707.10 2575.50 82.76 TAX 399.40 416.00 -3.99 858.00 997.00 -13.94 1630.10 362.20 350.06 Deferred Tax 23.70 138.50 -82.89 108.70 354.10 -69.30 839.50 119.10 604.87 PAT 962.30 806.70 19.29 2203.70 1937.70 13.73 3077.00 2213.30 39.02 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 609.10 4.99 PBIDTM(%) 14.90 19.28 -22.70 16.74 19.40 -13.72 18.90 17.56 7.64

The sales for the September 2017 quarter moved down to Rs. 13210.20 millions as compared to Rs. 14018.30 millions during the year-ago period.A comparatively good net profit growth of 27.01% to Rs. 601.00 millions was reported for the quarter ended September 2017 compared to Rs. 473.20 millions of previous same quarter.Operating Profit saw a handsome growth to 2701.30 millions from 2470.20 millions in the quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 13210.20 14018.30 -5.76 27766.70 27289.60 1.75 59329.60 63364.40 -6.37 Other Income 519.40 404.50 28.41 1159.40 791.60 46.46 2173.90 2042.80 6.42 PBIDT 2701.30 2470.20 9.36 5037.00 5312.50 -5.19 11211.90 11124.30 0.79 Interest 1161.20 831.60 39.63 2034.60 2091.40 -2.72 3799.00 4944.70 -23.17 PBDT 1540.10 1292.10 19.19 3002.40 2874.60 4.45 7100.70 4847.50 46.48 Depreciation 686.30 584.10 17.50 1302.40 1162.60 12.02 2393.60 2272.00 5.35 PBT 853.80 708.00 20.59 1700.00 1712.00 -0.70 4707.10 2575.50 82.76 TAX 252.80 234.80 7.67 458.60 581.00 -21.07 1630.10 362.20 350.06 Deferred Tax 59.80 83.70 -28.55 85.00 215.60 -60.58 839.50 119.10 604.87 PAT 601.00 473.20 27.01 1241.40 1131.00 9.76 3077.00 2213.30 39.02 Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 609.10 4.99 PBIDTM(%) 20.45 17.62 16.05 18.14 19.47 -6.82 18.90 17.56 7.64

Jindal Saw is currently trading at Rs. 97.80, up by 0.70 points or 0.72% from its previous closing of Rs. 97.10 on the BSE.The scrip opened at Rs. 97.10 and has touched a high and low of Rs. 101.50 and Rs. 95.80 respectively. So far 420402 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 107.80 on 02-Aug-2017 and a 52 week low of Rs. 45.05 on 02-Sep-2016.Last one week high and low of the scrip stood at Rs. 101.50 and Rs. 90.60 respectively. The current market cap of the company is Rs. 3178.36 crore.The promoters holding in the company stood at 53.59%, while institutions and non-institutions held 21.06% and 25.35% respectively.Jindal Saw has transferred 47,65,772 equity shares of Rs 10 each of Jindal ITF (representing 6% of total capital) at book value on August 30, 2017. Accordingly, the holding of the company in Jindal ITF stand reduced from 57% to 51%.Jindal Saw manufactures and supplies iron and steel pipe products, fittings and accessories with various manufacturing facilities in various countries, including India, the United States, Europe and the United Arab Emirates (UAE).