# Jindal Saw Limited reported a sharp 52 per cent year-on-year decline in its financial performance for the fourth quarter (Q4) of FY26.

*business · news · 2026-04-27 · Lokmat Times*

## Key points

- Jindal Saw's Q4 FY26 net profit fell 52% year-on-year to Rs 139.4 crore.
- EBITDA margin contracted significantly to 10.4% from 14.6% in Q4 FY25.
- Jindal Saw's board approved the in-principle divestment of Raleal Holdings Limited, Cyprus.
- Ashutosh Karnatak was appointed additional independent director effective April 27, 2026.

**Companies:** Jindal Saw Limited
**Countries:** India, Cyprus

[Read the full story on Lokmat Times](https://www.lokmattimes.com/business/jindal-saws-q4-profit-slumps-52-pc-to-rs-139-crore-revenue-also-slips-8-pc/)

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