JSW Infrastructure Limited, India's second-largest private commercial port operator, has reported robust financial results for the first quarter, demonstrating significant growth across key metrics.

Financial Highlights

The company's revenue from operations surged by 21% year-on-year to ₹1,224.00 crore, up from ₹1,010.00 crore in the same period last year. This impressive growth was primarily driven by increased cargo volumes and strong performance in both port and logistics operations.

JSW Infrastructure's profitability also saw a substantial improvement:

• Operating EBITDA rose by 13% to ₹581.00 crore, compared to ₹515.00 crore in the previous year.
• Profit After Tax (PAT) jumped 31% to ₹390.00 crore, up from ₹297.00 crore in the corresponding quarter of the previous year.

Operational Performance

The company handled a total cargo volume of 29.4 million tonnes during the quarter, representing a 5% increase year-on-year. Notably, third-party cargo volumes grew by 8%, with their share in overall volumes rising to 52% from 50% a year ago.

Key factors contributing to this growth include:

1. Strong performance in coal handling operations at Ennore, PNP, and Paradip ports.
2. Robust performance at South West Port and Dharamtar Port.
3. Interim operations at the Tuticorin terminal and the JNPA Liquid Terminal.

Strategic Developments

JSW Infrastructure continues to make significant strides in expanding its operations and diversifying its portfolio:

1. The company secured a contract from Syama Prasad Mookerjee Port Authority to redevelop and mechanize container berths at Kolkata's Netaji Subhas Dock, which will boost its container handling capacity.

2. A binding Memorandum of Understanding was signed with Konkan Railway Corporation Limited for the development of the Bhoke Railway Siding in Ratnagiri district, enhancing connectivity to Jaigarh Port.

3. The company's resolution plan for NCR Rail Infrastructure Limited under the corporate insolvency resolution process has been approved by the Committee of Creditors.

Sustainability and Recognition

JSW Infrastructure's commitment to sustainability and operational excellence has been recognized:

• The company received a Leadership Grade (A-) in CDP's Supplier Engagement Assessment.
• Dharamtar Port won the "Global Environment & Sustainability Award" in the Port sector by the Greentech Foundation.

Future Outlook

With a strong balance sheet and cash reserves of ₹4,360.00 crore, JSW Infrastructure is well-positioned to pursue its ambitious growth plans. The company aims to increase its cargo handling capacity to 400 million tonnes per annum by FY2030, supported by a comprehensive capital expenditure plan of ₹30,000.00 crore.

Additionally, JSW Infrastructure has earmarked ₹9,000.00 crore for expanding its logistics segment, targeting a top line of ₹8,000.00 crore with a 25% EBITDA margin in this sector.

As JSW Infrastructure continues to leverage its strategic assets and pursue expansion opportunities, the company appears poised for sustained growth in the coming years, cementing its position as a key player in India's port and logistics infrastructure sector.

JSW Infrastructure Limited , India's second-largest private commercial port operator, has announced robust financial results for the first quarter, demonstrating significant growth across key metrics.

Financial Highlights

The company reported a consolidated revenue from operations of ₹1,223.85 crore for Q1, marking a substantial 21% increase from ₹1,009.77 crore in the same quarter last year. This growth was primarily driven by strong performance in coal handling operations and increased third-party cargo volumes.

JSW Infrastructure's profitability saw an even more impressive surge, with net profit rising by 31% year-on-year to ₹389.57 crore, compared to ₹296.55 crore in Q1 of the previous year. The company's operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 13% to ₹581.00 crore, with an EBITDA margin of 47.49%.

Operational Performance

The company handled a total cargo volume of 29.4 million tonnes during the quarter, representing a 5% increase from the previous year. Notably, third-party cargo volumes grew by 8%, accounting for 52% of the total cargo handled, up from 50% in the same period last year.

Key Developments

JSW Infrastructure has made significant strides in expanding its operations and securing new projects:

1. The company received a Letter of Award from Syama Prasad Mookerjee Port Authority for redeveloping and mechanizing container berths at Kolkata's Netaji Subhas Dock, which will enhance its container handling capacity.

2. A binding Memorandum of Understanding was signed with Konkan Railway Corporation Limited for the development of Bhoke Railway Siding in Ratnagiri district, which is expected to improve connectivity and cargo handling capabilities at Jaigarh Port.

3. The company's resolution plan for NCR Rail Infrastructure Limited under the Corporate Insolvency Resolution Process was approved by the Committee of Creditors, subject to further approvals.

Management Commentary

Arun Maheshwari, Joint Managing Director and CEO of JSW Infrastructure, stated, "Our strong Q1 performance reflects the robustness of our business model and the successful execution of our growth strategy. The increase in third-party cargo volumes and the securing of new projects position us well for sustained growth in the coming quarters."

Future Outlook

JSW Infrastructure remains committed to its ambitious growth plan, aiming to increase its cargo handling capacity to 400 million tonnes per annum by FY2030. The company has outlined a comprehensive capital expenditure plan of ₹30,000.00 crore for this expansion, along with an additional ₹9,000.00 crore earmarked for developing its logistics segment.

With a strong balance sheet and a net debt to operating EBITDA ratio of 0.54x, JSW Infrastructure is well-positioned to pursue both organic and inorganic growth opportunities without compromising its financial stability.

Sustainability Initiatives

The company continues to focus on environmental sustainability, receiving a Leadership Grade (A-) in CDP's 2024 Supplier Engagement Assessment. Additionally, JSW Infrastructure's Dharamtar Port won the "24th Global Environment & Sustainability Award 2025" in the Port sector by the Greentech Foundation.

As JSW Infrastructure continues to expand its operations and improve its financial performance, it remains a key player in India's port and logistics infrastructure sector, poised for further growth and success in the coming years.