JSW Infra Q3 results net profit up 9% to ₹359 crore; Shares surge 6%
The port operator's consolidated net profit rose nearly 9% year-on-year, boosting investor sentiment despite falling benchmark indices.
Representational photo: Jaigarh Port/JSW Infrastructure
JSW Infrastructure's shares saw a surge, climbing over 6% in early trading on 19 January. This strong performance followed the announcement of the company's robust financial results for the December quarter (Q3 FY26).
The commercial port operator reported a consolidated net profit increase of nearly 9% year-on-year, driving investor sentiment despite a slump in the benchmark indices.
The stock opened on a strong note on the BSE, registering an intraday high of ₹273.7, marking a 6.2% jump from its previous close. By 10:57 am, the shares were trading at ₹274.50, up 6.52%.
The company released its earnings report on Friday after market hours. The consolidated profit attributable to owners rose by 8.89% Y-o-Y to ₹359.1 crore, up from ₹329.76 crore in the corresponding quarter last year.
Revenue from operations witnessed double-digit growth, climbing 14.2% to ₹1,349 crore against ₹1,181.83 crore a year ago.
Earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 4.9% to ₹703 crore compared to ₹670 crore in the previous year. The EBITDA margin saw a slight compression, slipping to 49.9% from 52.9% Y-o-Y.
