In Q3 FY25, the company handled cargo volumes of 29.4 million tonnes, up 5 per cent Y-o-Y
JSW Infrastructure on Tuesday reported a 32.35 per cent rise in its consolidated net profit to Rs 335.62 crore in the December quarter, driven by higher income. The country's second-largest private port operator posted a net profit of Rs 253.57 crore during the October-December period a year ago, according to a statement. The total income rose to Rs 1,265.31 crore in the third quarter against Rs 1,018.30 crore in the year-ago quarter. Its expenses stood at Rs 989.40 crore during the quarter from Rs 711.25 crore a year ago. During the quarter, the company handled cargo volumes of 29.4 million tonnes which is higher by 5 per cent over the last year, the statement said. The volume increase was driven by the increased capacity utilisation in the coal terminal at Paradip in Odisha, contribution from PNP port and Liquid Storage Terminal, UAE, it added. The increase in the third-party volume was stronger with 31 per cent year-on-year growth and the share of third-party in the overall vo
A majority of JSWIL's ports are deep draught ports with multi-modal evacuation infrastructure
JSW Energy said the latest acquisition will increase the company's locked-in generation capacity to 24,708 MW, from the current 20,012 MW
The upmove in the stock came after domestic brokerage Motilal Oswal reiterated 'Buy' and raised the target price from Rs 350 to Rs 375 per share
Company to strengthen its ports in multiple states; focusing on its logistics arm too
Adani Ports, JSW Infra plan major expansion via capex, target combined volume market share of 42% by FY30
JSW Infrastructure reported consolidated net profit of Rs 37.2 crore in second quarter ended September 30, up by 46 per cent Y-o-Y
Sequentially, the company's net profit increased by 27.04 per cent, though revenue declined marginally by 0.83 per cent
The company, India's second-biggest private port operator, reported consolidated net profit of 3.72 billion rupees ($44.3 million) in second quarter ended Sept. 30, up by 46% on-year
The uptick in JSW Infrastructure share price came after the company announced that it has issued and allotted Commercial Paper aggregating to an amount of Rs 1,000 crore.
The multi-purpose port in Maharashtra will handle captive, bulk, and dry bulk cargo
JSW Infrastructure got the delivery of the second dredger which aligns with the company's FY2030 growth plan to boost capacity
Shares of JSW Infrastructure zoomed 6.92 per cent at Rs 338 per share on the BSE in Wednesday's intraday deals
The amount will be utilised to expand the cargo handling capacity of its Jaigarh and Dharamtar ports along the west coast of India
JSW Group firm JSW Infrastructure Limited on Monday said it has approved a capex of Rs 2,359 crore for the capacity expansion at its Jaigarh and Dharamtar Port. As a part of the company's FY2030 growth plan to increase capacity to 400 million tonnes per annum (MTPA) from the existing capacity of 170 MTPA, the Board of the respective subsidiary companies has approved a total capacity expansion plan of 36 MTPA (21 MTPA at Dharamtar and 15 MTPA at Jaigarh), a statement said. The capex plan includes mechanical, civil, and electrical work for the new berths and additional infrastructure like railway siding for Jaigarh Port to boost third-party cargo movement, it added. According to the statement, the expansion will increase the overall capacity of Jaigarh Port to 70 MTPA from the current 55 MTPA and Dharamtar Port to 55 MTPA from 34 MTPA at present. This expansion primarily aims to cater to the increased cargo volume of the anchor customer on the back of the proposed 5 MTPA steel-making
JSW Infrastructure share price surged 5 per cent at Rs 324.85 per share on the BSE in Monday's intraday deals
Inland logistics present great opportunity, says CEO Arun Maheshwari, after acquiring Navkar
Share prices of JSW Infrastructure slipped as much 7.52 per cent at Rs 311 per share on the BSE in intraday deals of Friday.
Its consolidated net profit fell to Rs 292 crore (about $35 million) in the quarter ended June 30 from Rs 321 crore in the year-ago period