5003782025-07-012025-09-305003782025-09-305003782025-03-315003782025-04-012025-09-305003782025-07-012025-09-30in-capmkt:OtherExpenses1Member5003782025-04-012025-09-30in-capmkt:OtherExpenses1Member5003782025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15003782025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15003782025-07-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15003782025-07-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss25003782025-04-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15003782025-04-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss25003782025-07-012025-09-30AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares500378JINDALSAWNOTLISTEDINE324A01032JINDAL SAW LIMITEDMain BoardEquity2025-04-012026-03-312025-10-172025-10-08INRCroresQuarterlySecond quarterSingle segmentIron and Steel2025-10-1712:30:002025-10-1714:20:00trueCash Flow IndirectDeclaration of unmodified opinion2025-07-012025-09-30UnauditedConsolidated423360000003044000004264040000024627900000300000-10229000004163800000152910000015551000001005570000040909000000173140000001731400000426800000133000004401000000129130000000094300000138560000033850000017241000001518900000-1333000001857500000-13340000063950000012.382.38002.382.380.00410.05010.0321Notes: <BR> 1. Jindal ITF Limited (JITF), a Subsidiary of the Company, is in an appeal before the divisional bench of Hon’ble High Court of Delhi against the judgment of single judge setting aside the Arbitral Award of Rs. 1,891.08 Crores plus interest and applicable taxes in favour of the Subsidiary. Based on the advice received after due consideration and consultation with a reputed independent legal counsel on the matter, the Management of the Holding Company believes that it has an extremely strong case leading to an ultimate favourable outcome, and the Subsidiary will be in a position to meet all its liabilities and is in a position to monetise all its assets at carrying values and accordingly, no adjustments are required to be made in the consolidated financial results as at and for the quarter and half year ended September 30, 2025 and the Subsidiary is able to operate as a going concern. <BR> <BR> 2. The Group has only one reportable business segment i.e. “Iron & Steel products” and accordingly, no segment information required to be disclosed. <BR> <BR> 3. Current tax expense for the quarter ended June 30, 2025 and half year ended September 30, 2025 are net of tax refund receivable on account of additional claims pertaining to earlier years adjudicated to the Holding Company by the Appellate Authority amounting to Rs. 133.55 Crores. <BR> <BR> 4. The Group consolidated financial results includes the results of the following entities: <BR> Relationship Name of the Entities <BR> Holding Company Jindal Saw Limited <BR> Trust Samruddhi Employees Trust <BR> Subsidiaries Direct Subsidiaries <BR> a) Jindal ITF Limited <BR> b) Jindal Metals & Alloys Limited <BR> c) S.V. Trading Limited, Nevis <BR> d) Ralael Holdings Limited, Cyprus <BR> e) Jindal Saw Holding FZE, UAE <BR> f) JITF Shipyards Limited <BR> <BR> Indirect Subsidiaries <BR> a) Jindal Saw USA LLC, USA <BR> b) Jindal Saw Middle East FZE, UAE <BR> c) Jindal Saw Gulf LLC, UAE <BR> d) Jindal Intellicom Limited <BR> e) iCom Analytics Limited <BR> f) World Transload & Logistics LLC, USA <BR> g) 5101 Boone LLP, USA <BR> h) Tube Technologies INC, USA <BR> i) Helical Anchors INC, USA <BR> j) Boone Real Property Holding LLC, USA <BR> k) Drill Pipe International LLC, USA <BR> l) Jindal X LLC, USA <BR> m) Jindal Seamless Pipe Manufacturing LLC (w.e.f. August 13, 2025) <BR> Joint Ventures a) Jindal MMG LLC, USA <BR> b) Jindal Hunting Energy Services Limited <BR> <BR> 5. These results are reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on October 17, 2025. <BR> <BR> By Order of the Board <BR> For JINDAL SAW LIMITED <BR> <BR> <BR> <BR> Place: New Delhi Sminu Jindal <BR> Date: October 17, 2025 Managing Director <BR> DIN: 00005317 <BR> <BR> 2025-04-012025-09-30UnauditedConsolidated83182800000487100000836699000005530160000019200000-103029000008239100000324050000030884000001871350000078299400000537050000005370500000-43700000721000002840000005342100000000198200000554030000035880000058991000005759300000-2190000006118200000-21910000063950000019.049.01009.049.010.00410.0230.0367Other expenses10055700000Other expenses187135000009479050000065954000000610500000427000000060130000013182000002120000073310000020140000004086500000115660000035845000001114680000005528690000051700000307375000001509700000540000000401800000477000000337177000003488000001112420000010047760000000211945600000639500000120189600000120829100000-2654100000118175000000174832000000003224000001780560000023590000091369000000937000000281154000003445800000055160000020700300000212519000002280600000579905000005687700000117580000080120000006565520000000937706000002119456000003239500000-5838300000-26000005413100000000-10840000000-697550000000-500710000030884000000348800000000-1174000002980000013510000011500000100000000310000000-7057400000-168690000000013997000000-30866000000000000012700000494620000000000000000000000298000001647000000-49500000-4788500000000000007328600000365240000015380000012702000002624600000031792000002806800000-506830000023800000-504450000065542000001509700000Re-measurement losses on defined benefit plans-22200000-22200000Re-measurement losses on defined benefit plans-44300000-44300000-5500000-11100000Exchange differences in translating the foreign operation354600000Debt Instruments through Other Comprehensive Income700000355300000Exchange differences in translating the foreign operation391400000Debt Instruments through Other Comprehensive Income700000392100000100000100000338500000358800000UnauditedtruePrice Waterhouse Chatered Accountants LLPtrue2026-11-30