JSW Infrastructure Ltd

JSW Infrastructure has received reaffirmation in credit ratings for bank facilities from CARE Rating at CARE AA+; Stable/ CARE A1+. Powered by Capital Market - Live

Revenue from operations jumped 26.4% YoY to Rs 1265.59 crore in Q2 FY26. Profit before tax (PBT) declined 16.4% to Rs 463.29 crore in Q2 FY26, compared with Rs 553.94 crore posted in Q2 FY25. EBITDA stood at Rs 716 crore, registering the growth of 18% compared with Rs 607 crore posted in Q2 FY25. EBITDA margin reduced to 52.2% in Q2 FY26 as against 55.8% in Q2 FY25. During the quarter, the company handled cargo volumes of 28.9 Million Tonnes which is higher by 3% over the last year. Volume growth was primarily driven by strong performance at South West Port, Jaigarh Port, and Dharamtar Port. Additionally, interim operations at the Tuticorin terminal and the JNPA liquid terminal contributed positively. Despite strong contributions from key ports, growth was moderated by a 2.1 million tonnes shortfall during the quarter at the Paradip Iron Ore terminal, driven by weak seaborne iron ore export market conditions. Without these headwinds, overall growth would have been closer to 10%. The group cargo has increased to 15.7 million tonnes from 14.8 million tonnes, representing 6% growth and the share of group volume stood at 54% as against 52% a year ago. Navkar Corporation delivered strong operational and financial results in Q2 FY2026. Total EXIM cargo volumes reached 79,000 TEUs, representing a robust 20% year-on-year growth. Domestic cargo volumes stood at 394,000 metric tonnes, up 46% compared to the same period last year. The increase in port volumes and strong performance of Navkar Corp's business translated to 26% year-on-year growth in the operational revenue which stood at Rs 1,266 crore. Operational EBITDA increased to Rs 610 crore (up 17% YoY). Consequently, PAT stood at Rs 369 crore. As previously announced the company has embarked on a growth plan to increase its cargo handling capacity to 400 million tonnes per annum (MTPA) by FY 2030 or earlier, up from the current capacity of 177 MTPA. To achieve this, it has outlined a comprehensive capital expenditure (capex) plan of Rs 30,000 crore. Additionally, the company has earmarked Rs 9,000 crore for expanding its logistics segment. This expansion aims to build on the Navkar acquisition to develop a robust pan-India logistics network. JSW Infrastructure, a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals pursuant to port concessions.Powered by Capital Market - Live

Net profit of JSW Infrastructure declined 2.76% to Rs 361.24 crore in the quarter ended September 2025 as against Rs 371.51 crore during the previous quarter ended September 2024. Sales rose 26.39% to Rs 1265.59 crore in the quarter ended September 2025 as against Rs 1001.36 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1265.591001.36 26 OPM %48.1751.98 - PBDT611.81687.80 -11 PBT463.29553.94 -16 NP361.24371.51 -3 Powered by Capital Market - Live

JSW Infrastructure will hold a meeting of the Board of Directors of the Company on 16 October 2025.Powered by Capital Market - Live

JSW Infrastructure announced that ICRA has assigned the rating ICRA AA+; Stable with respect to bank loan facilities availed by the company. Powered by Capital Market - Live

In July this year, the company had announced the receipt of letter of award for reconstruction of two berths at Netaji Subhash Dock of Kolkata Dock System, Syama Prasad Mookerjee Port Authority, Kolkata. As per the contract, the company would reconstruct 'Berth Nos. 7 and 8' at Netaji Subhash Dock on design, build, finance, operate and transfer basis through PPP mode. The company had also received a letter for the incorporation of wholly owned subsidiary company namely JSW Kolkata Container Terminal for the purpose of entering into the concession agreement with the said Port Authority. Offering updates on the same, JSW Infra stated that JSW Kolkata Container has accordingly entered into the concession agreement with the Port Authority for a period of 30 years from the date of award of concession. JSW Infrastructure, a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals pursuant to port concessions. The company's consolidated net profit jumped 31.5% to Rs 384.68 crore in Q1 FY26, compared with Rs 292.44 crore in Q1 FY25. Net sales increased 21.2% YoY to Rs 1223.85 crore in Q1 FY26. Powered by Capital Market - Live

JSW Infrastructure announced that its wholly owned subsidiary, JSW Kolkata Container Terminal has entered into a concession agreement with Syama Prasad Mookerjee Port Authority, Kolkata for a period of 30 years from the date of the concession. Powered by Capital Market - Live

JSW Infrastructure has  announced the acquisition of a brownfield Rail Siding in Kudathini, Ballari (Karnataka),  through its wholly owned subsidiary JSW Port Logistics. The site spans  over 86 acres and was previously owned by Hothur Ispat. The  consideration for the transaction is around Rs 57 crore. The acquisition marks a significant step forward in JSW Infrastructure''s vision to  establish a pan'\India logistics network and emerge as a leading integrated logistics  player. The Company aims to develop a robust ecosystem of rail'\linked terminals and  enhance multimodal connectivity through container rail services across strategic  industrial corridors. Currently, JSW Infrastructure, along with its subsidiary, operates  rail'\linked terminals in Panvel (Maharashtra) and Morbi (Gujarat), with a Gati Shakti  Terminal (GCT) under construction in Arakkonam, Chennai (Tamil Nadu).   The Kudathini siding is being developed into a state'\of'\the'\art Multi'\Modal Logistics  Park (MMLP). The facility will feature modern land infrastructure, container handling  systems, Rail Freight Terminal (RFT) and a fully equipped Inland Container Depot (ICD).  Commercial operations are expected to commence within the next six months, with a  phased ramp'\up. The total capital expenditure for the project is estimated at Rs 380  crore, including Rs 57 crores for the announced acquisition. This capex will be deployed  over the next few years alongside ongoing commercial operations to fully develop the  site into a comprehensive logistics hub.  Strategically located near JSW Steel''s flagship Vijayanagar plant and other JSW Group  facilities''including Cement, Paints, and Energy''the Kudathini siding offers a  significant logistical advantage for the efficient movement and swift evacuation of raw  materials, intermediates and finished goods. Its proximity to a well'\established  industrial ecosystem comprising mining companies, iron ore processors, agri'\product  companies, and manufacturers of cement, chemicals, and steel''offers significant  potential to attract and expand third'\party cargo volumes.  Powered by Capital Market - Live

JSW Infrastructure announce that Fitch Ratings has upgraded its credit rating to 'BBB-' from 'BB+', marking a significant milestone as JSWIL enters the investment grade category. The outlook assigned by Fitch is Stable. This follows the recent announcement by S&P Global Ratings, which also assigned JSW Infrastructure an investment grade rating of 'BBB-' with a Stable Outlook, further affirming the company's solid financial standing and resilient business fundamentals. Separately, Moody's Ratings has affirmed JSW Infrastructure's Corporate Family Rating (CFR) and Senior Secured Bond Rating at 'Ba1', while upgrading the outlook to Positive from Stable, reflecting growing confidence in the company's strategic direction and operational resilience. Lalit Singhvi, Whole-time Director and Chief Financial Officer of JSW Infrastructure, added: 'The investment grade ratings from Fitch and S&P, along with Moody's upgrade of our outlook to Positive, are strong validations of JSW Infrastructure's financial strength, strategic focus, and long-term vision. It empowers us to pursue our ambitious growth agenda with confidence, leveraging global capital efficiently while maintaining a strong balance sheet. It also reinforces investor confidence in JSW Infrastructure's resilience and long-term vision, enabling us to deliver sustainable value to all stakeholders.'Powered by Capital Market - Live

J Nagarajan is a member of The Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India. With over 24 years of experience in M&A, strategic finance, project finance, treasury, business planning and F&A, Nagarajan brings deep expertise across core sectors including metals, energy, and infrastructure. Before joining the company as deputy CFO, he was a key member of the JSW Steel for the past 15 years, wherein he served as CFO of Bhushan Power and Steel (2022 ' 2025), CFO of JSW Ispat Special Products (2019- 2022) and as a senior member of M&A team of JSW Steel. Prior to JSW group, Nagarajan worked with Reliance Industries and Hindalco Industries. JSW Infrastructure, a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals pursuant to port concessions. The company's consolidated net profit jumped 31.5% to Rs 384.68 crore in Q1 FY26, compared with Rs 292.44 crore in Q1 FY25. Net sales increased 21.2% YoY to Rs 1223.85 crore in Q1 FY26. The scrip fell 1.15% to settle at Rs 305.25 on the BSE. Powered by Capital Market - Live