Jindal Saw Limited announced unaudited standalone earnings results for third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 21,146.9 million against INR 14,267.5 million a year ago. Total income was INR 21,806.9 million against INR 14,666.2 million a year ago. Profit from continuing operations before tax was INR 1,361.7 million against INR 1,222.7 million a year ago. Net profit from continuing operations after tax was INR 962.3 million against INR 806.7 million a year ago. Basic and diluted earnings per share were INR 3.01 against INR 2.52 a year ago. EBITDA was INR 3,151 million against INR 2,750 million a year ago.

For the nine months, the company reported revenue from operations of INR 48,913.6 million against INR 41,557.1 million a year ago. Total income was INR 50,733.0 million against INR 42,747.4 million a year ago. Profit from continuing operations before tax was INR 3,061.7 million against INR 2,934.7 million a year ago. Net profit from continuing operations after tax was INR 2,203.7 million against INR 1,937.7 million a year ago. Basic and diluted earnings per share were INR 6.89 against INR 6.06 a year ago. EBITDA was INR 8,188 million against INR 8,063 million a year ago.

During third quarter ended December 31, 2017, Company produced Pipes & pig Iron of app. 330,000 MT (excluding Job work) and Pellets - app. 338,000 MT. During third quarter ended December 31, 2016, Company produced 186,000 MT pipes and 323,000 MT Pellets. Thus in third quarter the production of pipe was higher by app. 75%.