
JSW Infra shares in focus after Q1 profit rises 31% YoY to Rs 390 crore; revenue up 21%
JSW Infrastructure
will be in focus on Wednesday after the company reported strong year-on-year growth in both profit and revenue for the first quarter of FY26.
In an exchange filing post-market hours, the company said its consolidated net profit rose 31% YoY to Rs 389.57 crore in the June quarter, up from Rs 296.55 crore in the same period last year. However, profit declined on a quarter-on-quarter (QoQ) basis from Rs 515.58 crore reported in Q4FY25.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Design Thinking
Product Management
healthcare
Finance
Data Science
Artificial Intelligence
Healthcare
Others
Public Policy
CXO
Data Science
Digital Marketing
MCA
Leadership
Cybersecurity
PGDM
others
Project Management
Management
Degree
Operations Management
MBA
Technology
Data Analytics
Skills you'll gain:
Duration:
22 Weeks
IIM Indore
CERT-IIMI DTAI Async India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
25 Weeks
IIM Kozhikode
CERT-IIMK PCP DTIM Async India
Starts on
undefined
Get Details
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Want to know more? click here
adobe.com
Undo
Revenue from operations grew 21% YoY to Rs 1,223.85 crore, compared to Rs 1,009.77 crore in Q1FY25. Sequentially, revenue was nearly flat against Rs 1,283.18 crore in the March quarter.
On the operating front, EBITDA rose 13% YoY to Rs 581 crore for the quarter.
Also Read:
Paytm stock rallies 122% in one year but still 53% below issue price. Can it reclaim its IPO glory?
Live Events
JSW Infra Volume Update
JSW Infra handled 29.4 million tonnes of cargo during the quarter, reflecting a 5% YoY increase, primarily driven by strong coal handling operations at Ennore, PNP, and Paradip.
Additional support came from robust performance at South West Port and Dharamtar Port, as well as interim operations at the Tuticorin terminal and JNPA liquid terminal. However, the growth was partially offset by lower cargo volumes at the Iron Ore terminal in Paradip.
Notably, third-party cargo volumes grew 8% YoY, with their share in total volumes rising to 52%, up from 50% a year ago.
JSW Infra share price target
According to Trendlyne, the average target price for JSW Infra stands at Rs 333, suggesting a potential upside of nearly 5% from current levels. Of the 10 analysts tracking the stock, the consensus rating remains 'Buy'.
Also Read:
Apollo Tyres, Brigade Enterprises among 10 small-cap stocks trading below industry PE; may rally up to 43%

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
41 minutes ago
- Time of India
Union govt to launch ‘one airport, one product'
Tuticorin: The ministry of civil aviation is planning to launch an initiative called 'one airport, one product' for cargo terminals to facilitate transportation of the best products from an area across the country and the world, civil aviation minister Ram Mohan Naidu Kinjarapu said in Tuticorin on Saturday evening. This draws inspiration from Prime Minister Narendra Modi's 'One District, One Product' initiative, the minister said at the inauguration of the new terminal building of Tuticorin airport. He said that like the Cholas, who built grand temples and harbours, today we are building world-class modern infrastructure under the visionary leadership of Prime Minister Narendra Modi. The budget for railways, roads, airports, ports, electricity, water, and gas pipelines increased by nearly 6% in the last 10 years. A remarkable phase of airport development in the country was operationalising one airport every 50 days in the last 10 years. No other country has done it, he said. The minister said the new terminal of Tuticorin airport blends tradition with modernity, showcasing Tamil Nadu's rich cultural heritage through its design and interiors. Built at Rs 452 crore, it will be the gateway for travel, trade, and tourism for the entire southern Tamil Nadu. If there were only 1,300 aircraft movements in the old terminal in 2014, it will now increase to almost 3,600. The building spans 17,341 square metre, which is 17 times bigger than the old terminal. The runway was extended from 1,300 metre to 3,100 metre, which is 2.5 times bigger. In the old terminal, only small flights were operated, but now, bigger flights could be operated, which could provide bigger opportunities and growth. He said the old terminal will be made a dedicated cargo terminal, unlocking new possibilities for farmers, fishermen, traders, and small industries from Tuticorin. "Right now, fisheries are transported all the way to Kochi and Bengaluru. With this dedicated cargo terminal, Tuticorin can become a seafood export hub," he said. Thovalai flower market in Kanyakumari district, which is just 70 km away, won't have to use Thiruvananthapuram airport to send flowers across the world anymoe. Banana and palm farmers can also utilise the new cargo terminal, he added.


Time of India
44 minutes ago
- Time of India
Tomato prices shoot due to short supply, spoilage
Mumbai/ Navi Mumbai: Tomato prices have been on the rise once again in the past three days, according to consumers and vendors across the Mumbai Metropolitan Region. Retail rates have escalated to Rs 60 per kg on average, up from Rs 40 earlier this week. Consumers point out that the festive season is near, and with rates of most vegetables high already, this will cause further strain on the household budget. On Saturday, tomatoes sold for Rs 60 per kilo in Pali Market Khar, Lokhandwala Complex Andheri, Mulund West, and the Kalyan municipal market. Rates rose to Rs 65 in Manpada (Thane) and Rs 50-70 in various parts of Navi Mumbai. Matunga, Powai, and Malad saw rates escalate to Rs 80 for the good quality tomatoes. But buyers in Evershine Market, Malad, were lucky to purchase for Rs 40. Online stores sold tomatoes for Rs 66 per kg. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Vendor Bheem Gupta of Malad said, "The current heavy spell of rains across Maharashtra, including Nashik, has caused tomatoes to spoil. We are now relying more on Bengaluru, which is no better since that region is also witnessing robust rainfall. On Saturday, the tomato stock we received was muddy. It had to be cleaned before display." At Gupta's store, good quality tomatoes were selling for Rs 80 while lesser grades were available for Rs 60-70. Small-sized tomatoes that find few takers sold for Rs 50. Weekly shoppers in the Kalyan wholesale market were able to compare the price difference. "On Saturday, I purchased tomatoes for Rs 60. Last week it was Rs 30. The wholesaler said prices will cross Rs 100/kg in the coming days," said a regular customer. Meanwhile, the APMC wholesale market in Vashi witnessed a sharp increase in tomato prices from Rs 30-35 per kg on Thursday to Rs 40-45 per kg on Saturday. Retail prices surged from Rs 40 to Rs 60 during the same period. APMC is receiving reduced supplies, with traders reporting substandard quality. The sorting process reveals increased damage to the produce, contributing to higher prices and the lesser supply. Wholesalers expect further price increases due to limited supply, poor quality and the upcoming festive season. APMC trader Balasaheb Badade explained that irregular rainfall in May and June affected growing regions during the sowing period, harming the harvest.


Time of India
an hour ago
- Time of India
What is US citizenship test? What changes Trump administration is bringing to make it tougher
USCIS new director said the present US citizenship is easy and can be memorized. The US citizenship test, officially known as the Naturalization test, is an examination that an applicant has to take to become a naturalized American citizen. This test is not for green card holders unless they are applying for citizenship. The new director of the United States Citizenship and Immigration Service said the existing test is too easy and the answers can be memorized. The Donald Trump administration is planning to bring back the 2020 version of the test. US Citizenship test First, the applicants have to submit Form N-400 seeking for naturalization. They need to pass a background check and meet residency and other requirements. Then there have to attend an interview where they take two tests: English and a civic test. In the civic test, there are 100 questions; the officer asks the applicant 10 and the applicant must answer at least six correctly. During the first term of Donald Trump, there was a new rule for a very brief time where there are 128 questions; applicants are asked 20 and they must get at least 12 right. The USCIS is planning to bring back some version of this type of test. Before 2008, the test was random but the Bush administration introduced the 6 out of 10 questions benchmark. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Angola: New Senior Homes (Prices May Surprise You) Senior Apartments | Search Ads Search Now Undo USCIS director said the present version is not really "comforting with the spirit of the law". Sweeping H-1B changes The development regarding the US citizenship test comes as the Department of Homeland Security proposed sweeping changes for the H-1B visa program that allows US companies to hire foreign workers. According to the proposed changes, H-1B will not be for entry-level workers. It will be only for high-skilled jobs for which there will higher salary. If this becomes implemented, US graduates will not lose out jobs in the entry level and tech companies will not be able to hire foreign workers at a lower wage.