JSW Infra Shares Surge Over 5% After Port Operator's PAT Zooms 32% To ₹335.62 Crore In Q3 FY25

JSW Infrastructure' shares were surged over 5 per cent on the NSE (National Stock Exchange), after port operator declared their quarterly financials for the December quarter, in which company's net profit climbed 32.35 per cent to Rs 335.62 crore compared to same period last year.

The shares of JSW Infrastructure went on to touch the day high level of Rs 275.00 per share after hitting the opening bell at Rs 261.25 per share with a surge of 0.019 per cent comapred to closing bell level of Rs 261.20.

JSW instructure's shares were trading around Rs 273.45 per share on the Indian bourses with a surge of 4.69 per cent amounting to a Rs 12.25 per share on dalal street.

JSW Infrastructure Q3 FY25

The October-December quarter of the current fiscal year (Q3 FY25) saw JSW Infrastructure's consolidated net profit jump 32.35 per cent year-on-year (YoY) to Rs 335.62 crore on Tuesday due to higher revenue. The company's net profit for the previous year was Rs 253.57 crore.

Compared to Rs 1,018.30 crore in Q3 FY24, JSW Infrastructure, the nation's second-largest private port operator, earned Rs 1,265.31 crore for the reporting quarter. In the quarter, its expenses totaled Rs 989.40 crore, up from Rs 711.25 crore in the same period last year.

Q3 FY25 cargo volumes

The company handled 29.4 million tonnes of cargo in the quarter that ended on December 31, 2024, which was 5 per cent more than the previous year.

According to a statement from the company, the volume increase was bolstered by increased capacity utilisation in the coal terminal located in Paradip, Odisha, as well as the contribution from PNP port and Liquid Storage Terminal, UAE.

3rd party volumes in Q3 FY25

Third-party volume increased 31 per cent year over year during the quarter, and their percentage of total volumes was 49 per cent as opposed to 39 per cent during the same period last year.

According to the statement, the recently acquired Navkar Corporation's increased volume and integration resulted in a 24 per cent YoY increase in total revenue, which came to Rs 1,265 crore.