Latest news with #JTL
Hans India
16-07-2025
- Business
- Hans India
JTL Industries' Q1 net profit falls nearly 47 pc, revenue rises 5.5 pc
Mumbai: Chandigarh-based JTL Industries Limited on Wednesday announced that the company's consolidated net profit fell by 46.8 per cent year-on-year (YoY) to Rs 16.3 crore in the first quarter (Q1) of FY26, compared to Rs 30.7 crore in the same quarter previous year (Q1 FY25). Despite the fall in profit, the company's revenue from operations increased by 5.5 per cent to Rs 544 crore in Q1, up from Rs 516 crore in the year-ago period, according to its stock exchange filing. JTL's operating performance also weakened during the quarter. Its EBITDA dropped by 41.5 per cent to Rs 23.4 crore from Rs 40 crore the previous year. The EBITDA margin slipped to 4.3 per cent, down from 7.8 per cent -- reflecting pressure on margins. The shares closed Wednesday's intra-day trading session at Rs 81.16 on the National Stock Exchange (NSE), down by Rs 1.96 or 2.36 per cent. In the last five days, the stock has delivered an almost flat to negative return of Rs 0.43 or 0.53 per cent. In the past month, the share price of JTL Industries surged by Rs 1.66 or 2.09 per cent. Over the last six months, the shares have declined by Rs 23.72 or 22.62 per cent. On a year-to-date basis, the stock is down by Rs 14.09 or 14.79 per cent. In the past year, the shares have fallen by Rs 32.27 or 28.45 per cent. JTL Industries, formerly known as JTL Infra Limited, is an Indian manufacturer and exporter of steel tubes and pipes. It specialises in electric resistance welded (ERW) black pipes and hollow sections, catering to sectors like agriculture, water distribution, energy, construction, and general engineering. Founded in 1991, the company has over three decades of experience in the industry. It operates four manufacturing plants across Punjab, Chhattisgarh, and Maharashtra, and exports to countries like Germany, Belgium, Greece, and the West Indies. The company's distribution network spans across India, with branch offices in Delhi, Mumbai, and Chandigarh. The company has steadily evolved over the years, expanding from basic ERW black pipes to value-added products such as galvanised steel pipes and solar module mounting structures. Key leadership at JTL includes Founder and Promoter Vijay Kumar Singla, CFO Atul Garg, and CEO Madan Singla.
Business Standard
10-07-2025
- Business
- Business Standard
JTL Industries commissions new ERW pipe manufacturing
JTL Industries announced a significant capacity expansion initiative with the planned commissioning of a new Electric Resistance Welded (ERW) pipe manufacturing line, specifically targeted to serve the ASTM/API-grade pipe market. The new line will enable JTL to manufacture pipes in the following specifications: h - Round pipes: 6 to 20 (168 mm OD to 508 mm OD) h - Square sections: 130 mm x 130 mm to 400 mm x 400 mm h - Rectangular sections: 100 mm x 160 mm to 300 mm x 500 mm h - Thickness range: 4 mm to 16 mm This facility will add a substantial annual capacity of 3,00,000 MTPA, strengthening JTLs position in the value-added and high-strength steel pipe segments. The new line is scheduled to be fully installed and operational within 12 months.
Business Standard
10-07-2025
- Business
- Business Standard
JTL Inds jumps on expansion plan
JTL Industries rose 3.41% to Rs 83.62 after the company announced expansion plan aimed at strengthening its position in the high-margin, high-strength steel pipe market. The company will set up a new Electric Resistance Welded (ERW) pipe manufacturing line with an annual capacity of 3 lakh metric tonnes, specifically targeting the ASTM/API-grade pipe segment. In its filing, JTL said the new facility will help unlock margins exceeding Rs 7,000 per tonne and enable the production of over 500 unique product variants (SKUs). The line will allow the company to manufacture round pipes ranging from 6 to 20 inches, square sections from 130x130 mm to 400x400 mm, and rectangular sections from 100x160 mm to 300x500 mm. It will also support thicknesses between 4 mm and 16 mm. The plant is expected to be operational within the next 12 months and is seen as a key step in JTL's strategy to scale its presence in the value-added segment. With this expansion, the company aims to meet rising demand from industries such as oil & gas, water transmission, and city gas distribution (CGD), which require high-performance piping solutions. The management of JTL Industries stated: "This strategic investment reflects our commitment to diversifying our product portfolio and expanding our footprint in high-grade segments such as oil & gas, water transmission, and city gas distribution (CGD)markets that typically yield superior EBITDA margins of ₹7,000 to ₹8,000 per metric tonne, making this expansion significantly value-accretive. Our entry into higher-thickness, API-compliant products is a natural evolution as we scale both our technical depth and strategic reach. With this development, JTL will become one of the very few manufacturers in India with the capability to produce large-diameter, high-thickness API-grade ERW pipesplacing us in an exclusive league of technically advanced players. The new line will enable us to offer over 500 SKUs, vastly improving our ability to meet complex and customised infrastructure requirements across industries. Backed by a deeply entrenched distribution network and a proven execution track record, we are confident of scaling this segment efficiently upon commissioning. This move firmly positions JTL as a credible, future-ready force in the API-grade pipe market, both domestically and in select global geographies." JTL Industries currently specializes in ERW black pipes, pre-galvanised and galvanised steel tubes, large-diameter pipes, and hollow structural sections.
Business Upturn
10-07-2025
- Business
- Business Upturn
JTL Industries to add 3 lakh MTPA capacity with new ERW pipe manufacturing line
JTL Industries has announced a major expansion plan with the commissioning of a new Electric Resistance Welded (ERW) pipe manufacturing line. This new facility is specifically designed to cater to the ASTM/API-grade pipe market, further strengthening JTL's position in the high-strength and value-added steel pipe segments. The new ERW line will enable the production of a wide range of pipes, including: Round pipes ranging from 6' to 20' (168 mm to 508 mm OD) Square sections from 130 mm x 130 mm to 400 mm x 400 mm Rectangular sections from 100 mm x 160 mm to 300 mm x 500 mm Thickness range between 4 mm and 16 mm This expansion will boost JTL's manufacturing capacity by 3,00,000 metric tonnes per annum (MTPA). The company expects the line to be fully installed and operational within the next 12 months, marking a key milestone in its growth strategy to meet rising demand in both domestic and international steel pipe markets. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
