JTL Industries slips after sales volume drops over 20% YoY in Q2 FY26

The company saw an increase in export share from 6% in Q1 FY26 to 12% in Q2 FY26.

For the half-year ending 30th September 2025, the company reported volumes of 1,82,210 MT compared to 1,76,091 MT in H1 FY25, recording a growth of 3.5% on YoY basis.

The company?s management said: ?The company faced operational disturbance due to floods caused by unprecedented rains from mid-August to mid-September affecting Derabassi and Mandi plants based in Punjab. This disrupted our operations by almost 20- 25%.?

JTL Industries is amongst the fastest-growing steel tube manufacturers, and its registered office is in Chandigarh. The company has manufacturing facilities in Punjab, Maharashtra, and Chhattisgarh. Its product offering includes GI pipes, MS black pipes, hollow sections, and solar structures, which cater to diverse industrial and infrastructural applications.

The company?s consolidated net profit declined 46.83% to Rs 163.24 crore, despite a 5.47% increase in revenue from operations to Rs 5,438.60 crore in Q1 FY26 over Q1 FY25.

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