{"id":4718,"date":"2024-10-29T11:50:00","date_gmt":"2024-10-29T06:20:00","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4718"},"modified":"2024-10-29T11:50:01","modified_gmt":"2024-10-29T06:20:01","slug":"jsw-infra-soars-10-as-q2-net-profit-jumps-46-on-strong-cargo-growth","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/jsw-infra-soars-10-as-q2-net-profit-jumps-46-on-strong-cargo-growth\/","title":{"rendered":"JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth"},"content":{"rendered":"\n

Shares of JSW Infrastructure surged 10% on October 29 following a strong Q2 performance, with net profit rising 46% to Rs 372 crore, up from Rs 254.4 crore a year ago. Revenue from operations grew 18% to Rs 1,001.4 crore, driven by increased cargo volumes and a boost in capacity utilization at coal terminals in Mangalore, Paradip, and Ennore. The company also recorded a 67.5% EBITDA margin, a sharp rise from 53.8% last year, due to higher third-party cargo volumes, which now represent 46% of total volume.<\/p>\n\n\n\n

JSW Infrastructure handled 27.5 million tonnes of cargo during this quarter, up 16% YoY. The company guides for a volume growth of 10% for FY25. The company also intends to expand its capacity to 400 MMT by 2030. Brokerage MOFSL is bullish over strong growth drivers and has a target price of Rs 350. The brokerage projects a 14% volume CAGR and a 23% EBITDA CAGR through FY27.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at <\/em>media@lakshmishree.com<\/p>\n\n\n\n

Source:\u00a0Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of JSW Infrastructure surged 10% on October 29 following a strong Q2 performance, with net profit rising 46% to Rs 372 crore, up from Rs 254.4 crore a year ago. Revenue from operations grew 18% to Rs 1,001.4 crore, driven by increased cargo volumes and a boost in capacity utilization at coal terminals in […]<\/p>\n","protected":false},"author":1,"featured_media":4720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[599],"class_list":["post-4718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-jsw-infra-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4718"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4718\/revisions"}],"predecessor-version":[{"id":4721,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4718\/revisions\/4721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4720"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}