JSW Infrastructure Ltd

Profit before tax (PBT) jumped 59.17% to Rs 439.17 crore during the quarter. Operating EBITDA increased 10% YoY to Rs 644 crore during the quarter, compared with Rs 586 crore posted in corresponding quarter last year. Operating EBITDA margin stood at 47.7% in Q3 FY26. Total cargo handled stood 31.7 milllion tonnes (MT) in Q3 FY26, up 8% YoY. Volume growth was primarily supported by strong performances at the South West Port and Dharamtar Port. Interim operations at the Tuticorin terminal and the JNPA liquid terminal also contributed positively. However, overall growth was partially offset by lower volumes at the Paradip Iron Ore and Coal terminals. In Q3 FY26, cash and cash equivalents stood at Rs 3,455 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. The company is targeting consolidated operating revenue of Rs 5,400 crore and operating EBITDA of Rs 2,600 crore for FY2026. Building on this base, EBITDA is expected to grow by around 15% in FY2027 and nearly double by FY2028. 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 rose 8.90% to Rs 359.10 crore in the quarter ended December 2025 as against Rs 329.76 crore during the previous quarter ended December 2024. Sales rose 14.20% to Rs 1349.66 crore in the quarter ended December 2025 as against Rs 1181.83 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1349.661181.83 14 OPM %47.6949.59 - PBDT610.39413.55 48 PBT446.41275.91 62 NP359.10329.76 9 Powered by Capital Market - Live

The board of JSW Infrastructure at its meeting held on 16 January 2026 has approved acquisition of 100% shares of JSW Overseas FZE ('JSW Overseas') from JSW Terminal (Middle East) FZE, at book value, for total consideration of Rs 19.21 lakhs (AED 78446/-). JSW Overseas is a step-down wholly owned subsidiary of the Company and post this acquisition, JSW Overseas will become a direct wholly owned subsidiary of the Company.Powered by Capital Market - Live

JSW Infrastructure will hold a meeting of the Board of Directors of the Company on 16 January 2026.Powered by Capital Market - Live

JSW Infrastructure announced its strategic expansion into the railway rakes business. The Company through its wholly owned subsidiary JSW Port Logistics has entered into a Share Purchase Agreement with JSW Shipping & Logistics to acquire 100% equity shares of JSW Rail Infra Logistics (JRIL), JSW Minerals Rail Logistics  (JMRL), and JSW (South) Rail Logistics (JSRL), for an Enterprise Value of Rs 1,212 crore (subject to working capital adjustments on the closing date). The acquisition provides JSWIL immediate access to Indian Railways' General Purpose Wagon Investment Scheme (GPWIS), and Liberalized Special Freight Train Operator (LSFTO) schemes, securing a fleet of 21 rakes (as of 30th Nov-25) with 4 more under delivery, and long-term licenses under these programs. The transaction is EPS accretive from inception and aligns with JSWIL's strategy to build an end-to-end multimodal logistics platform integrating ports, terminals, ICD/CFS, and rail connectivity. This builds upon the Company's foray into a logistics sector through the acquisition of Navkar Corp in October 2024. The Indian Railways sector is poised for significant growth, according to projections from Ministry of Railways, with freight volumes expected to rise from 1.6 billion tonnes in FY2025 to 3 billion tonnes by FY2030. During this period, rail's share of overall freight movement is targeted to increase from 27% to 45%, underscoring a strong focus on efficiency and sustainability. In 2023, Indian Railways had imposed a moratorium on the issuance of new licenses under the GPWIS scheme for a period of two years which had been further extended until February 2027, ensuring significant head start for the established operators. The business model for rake operators is particularly attractive, with dual income streams'rebates from Indian Railways and market premiums from customers resulting in stable, annuity-like revenues supported by steel, cement and other industries. Powered by Capital Market - Live

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