Mumbai, India – January 28, 2025: JSW Infrastructure Limited (NSE: JSWINFRA, BSE: 543994) has announced its unaudited standalone and consolidated financial results for Q3 FY2024-25, reporting a revenue of ₹1,181.83 crore and a net profit of ₹329.76 crore. The company also completed the acquisition of Navkar Corporation Limited, expanding its logistics operations.
Key Financial Highlights – Q3 FY2024-25 (Standalone)
- Revenue from Operations: ₹1,124.49 crore (YoY increase of 17.4% from ₹940.11 crore)
- Total Income: ₹1,265.31 crore
- Profit Before Tax (PBT): ₹275.91 crore (YoY increase of 37.5% from ₹201.05 crore)
- Net Profit (PAT): ₹329.76 crore (YoY increase of 31.6% from ₹250.66 crore)
- Earnings Per Share (EPS): ₹1.59 per share.
Nine-Month Performance (April – December 2024) (Standalone)
- Total Revenue: ₹3,192.96 crore (YoY increase of 19.8% from ₹2,666.52 crore)
- Profit Before Tax (PBT): ₹1,221.49 crore
- Net Profit (PAT): ₹993.71 crore
- Earnings Per Share (EPS): ₹4.81 per share.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)
- Total Revenue: ₹1,265.31 crore (YoY increase of 24.3% from ₹1,018.30 crore)
- Profit Before Tax (PBT): ₹275.91 crore
- Net Profit (PAT): ₹329.76 crore
- Earnings Per Share (EPS): ₹1.59 per share.
Strategic Developments & Key Announcements
- Acquisition of Navkar Corporation Limited Completed:
- JSW Port Logistics acquired a 70.37% stake in Navkar Corporation.
- Strategic move to expand JSW Infrastructure's logistics operations.
- Expansion of Logistics Business:
- Newly acquired logistics arm to boost port-related services.
- Expected to enhance cargo handling and drive revenue growth.
- Foreign Exchange Hedging Strategy:
- Effective April 1, 2022, JSW Infra designated highly probable foreign currency revenue as a hedged item.
- Foreign exchange gains/losses are now adjusted under cash flow hedges.
Management Commentary
Rinkesh Roy, Joint Managing Director & CEO of JSW Infrastructure, stated:"Our strong financial performance and expansion into logistics through the Navkar acquisition position us well for future growth. We continue to strengthen our infrastructure capabilities and drive operational efficiencies.".
Market Outlook & Investor Takeaways
- Port and logistics expansion will drive JSW Infra's long-term growth.
- Consistent financial performance reinforces investor confidence.
- Strategic acquisitions supporting business diversification and revenue stability.