Navkar Corporation Limited has reported a strong financial performance for the second quarter, marking a significant turnaround from the previous year. The company's latest financial results demonstrate improvements across key metrics, including revenue, profitability, and operational efficiency.

Financial Highlights

Revenue Growth

Navkar Corporation's revenue saw a substantial increase, rising to ₹1.60 billion from ₹1.30 billion in the corresponding quarter of the previous year. This 23.08% year-over-year growth indicates a robust expansion in the company's business operations.

Improved Profitability

The company's profitability metrics showed notable improvements:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹244.00 million, up from ₹176.00 million in the same period last year, representing a 38.64% growth.
• The EBITDA margin expanded to 15.02% from 12.90%, reflecting enhanced operational efficiency and cost management.
• Most significantly, Navkar Corporation returned to profitability with a net profit of ₹44.00 million, reversing the ₹23.00 million loss reported in the previous year's corresponding quarter.

Turnaround and Outlook

The return to profitability marks a crucial milestone for Navkar Corporation, suggesting that the company's strategies for growth and operational improvements are yielding positive results. The substantial increase in revenue, coupled with an expanding EBITDA margin, indicates that the company is not only growing its top line but also managing its costs effectively.

While these results are encouraging, investors and stakeholders will likely be watching closely to see if Navkar Corporation can maintain this positive momentum in the coming quarters. The company's ability to sustain this growth trajectory and profitability will be key factors in assessing its long-term financial health and market position.

JSW Infrastructure, India's second-largest private port operator, has released its latest investor presentation, showcasing robust financial performance for Q1 and outlining ambitious growth strategies for the future.

Financial Highlights

The company reported impressive year-on-year growth across key financial metrics:

• Total revenue increased by 19% to ₹1,314.00 crore
• Operating revenue rose by 21% to ₹1,224.00 crore
• EBITDA grew by 10% to ₹671.00 crore
• Profit After Tax (PAT) surged by 31% to ₹390.00 crore

Operational Performance

JSW Infrastructure handled a total cargo of 29.4 million tonnes (MT) in Q1, marking a 5% increase from the previous year. Notably, the share of third-party cargo volume expanded to 52%, up from 50% in the same quarter of the previous year, indicating the company's growing appeal to external customers.

Strategic Expansion and Future Outlook

The company has set an ambitious target to increase its port capacity from the current 177 million tonnes per annum (mtpa) to approximately 400 mtpa by FY30. This growth strategy includes:

1. Brownfield expansions of existing ports
2. Development of new greenfield ports
3. Strategic acquisitions
4. Participation in port privatization bids

Key ongoing projects include:

• Development of Jatadhar Port (30 mtpa capacity)
• Expansion at Tuticorin Port (7 mtpa capacity)
• Construction of liquid cargo berths at JNPA (4.5 mtpa capacity)
• Slurry pipeline project in Odisha (30 mtpa capacity)

Diversification into Logistics

JSW Infrastructure is also making significant strides in the logistics sector through its subsidiary, Navkar Corporation Ltd. The logistics segment showed strong growth in Q1:

• ICD (Inland Container Depot) volume increased by 31% to 19,000 TEUs
• CFS (Container Freight Station) volume grew by 11% to 275,000 TEUs

The company aims to achieve a revenue of ₹8,000.00 crore from its logistics business by FY30.

Sustainability Initiatives

JSW Infrastructure continues to focus on sustainability, reporting improvements in key environmental metrics:

• Reduced GHG emission intensity to 0.84 Kg CO2e/tch in Q1
• Increased waste recycling to 45.8% in Q1
• Generated 6,303 MWh of renewable energy in Q1

Conclusion

With its strong financial performance, strategic expansion plans, and focus on sustainability, JSW Infrastructure is well-positioned to capitalize on India's growing infrastructure needs and port sector opportunities. The company's diversification into logistics and commitment to increasing third-party cargo handling further strengthen its market position as a leading integrated port and logistics player in India.