JSW Infra Q3Fy25 Results: In the third quarter, the company earned more than 31% increase in profit by Rs 330 crore

Sajjan Jindal-led company JSW Infrastructure (JSW Infra) earned 31.6 percent annually in the third quarter (Q3 FY25) of FY 2024-25. The company’s profit was Rs 329.76 crore during this period.

The income from the company’s operation for the third quarter rose by 25.71 percent, mainly due to the integration of the high cargo volume handled during the quarter and the recently acquired logistics firm, Navkar Corporation. The income from the company’s operations was Rs 1,181.83 crore for the Q3 FY25, more than an estimate of Rs 1,118.50 crore by Bloomberg.

The income (EBITDA) income (EBITDA) had an annual increase of Rs 670 crore with an annual increase of Rs 670 crore, with a margin of 52.9 percent.

In Q3 FY25, the company handled a 29.4 million tonne cargo volume handle, which shows an increase of 5 percent year after year. The increase in volume was credited with increased capacity in the coal terminal at Paradip Port in Odisha, the contribution from the PNP port of Maharashtra and a liquid storage terminal of the UAE.

In Q3 FY25, the third party volume of the company increased by 31 percent to 49 percent of its total cargo volume. During this quarter, the company extended its total capacity to 174 million tonnes per year (MTPA), which exceeds 170 MTPA, including Mangalore Coal Terminal, PNP Port and Temporary Operations on Liquid Terminal of Jawaharlal Nehru Port Authority (JNPA) Are.

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The company aims to increase its total capacity to 400 MTPA by FY30, for which a capital expenditure of Rs 30,000 crore (CAPEX) is planned. The expansion will include Greenfield, Brownfield and other projects, as the company’s Joint Managing Director and Chief Executive Officer Rinkesh Roy. Roy also said that the company would continuously seek inoric opportunities with price-growing.

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Additionally, the company has increased its total CAPEX guidance to Rs 39,000 crore, with an additional Rs 9,000 crore for the expansion of the logistics sector. The company acquired 70.37 percent stake in Navkar Corporation in June 2024 for Rs 1,012 crore through its full -owned subsidiary, JSW Port Logistics. Its goal is to achieve a topline of Rs 8,000 crore and 25 percent Ebitda margin for its logistics sector by FY30, as stated by Singhvi.

The company’s NET Debt-Two-EbitDA ratio is 0.4X (based on the last twelve months), while it has cash of Rs 4,845 crore and cash equivalent amount of Rs 4,845 crore by 31 December 2024. Its net debt is about Rs 827 crore. The company handled 85.7 million tonnes of cargo in the first nine months (9m FY25) of FY25. The company has set a guidance of 116–117 million tonnes for FY25.

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The income from the company’s operations increased by 16.5 percent to Rs 3,192.96 crore in 9M FY25, while the profit for its owners increased by 16.9 percent to Rs 993.71 crore. Serially, the income from the company’s operations increased by 18.02 percent, while the profit for the owners of the company increased by 11.24 percent.

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