JSW Infrastructure reported its net profit fell 12 per cent to ₹318 crore for the September quarter. While profit dropped, revenue grew 17 per cent to ₹1,481 crore. The company saw cargo volumes rise by 8 per cent, and EBITDA also went up 11 per cent to reach ₹674 crore today.
EBITDA was up 11% at ₹674 crore and the company recorded net cash of ₹1,693 crore and gross debt of ₹7,292 crore
JSW Infrastructure reported that its net profit (attributable to owners) in September quarter was down 12 per cent at ₹318 crore (₹361 crore) while revenue was up 17 per cent at ₹1,481 crore (₹1,266 crore).
EBITDA was up 11 per cent at ₹674 crore. The company recorded net cash of ₹1,693 crore and gross debt of ₹7,292 crore.
During the quarter, the company's cargo volumes in India grew by 8 per cent to 29.4 million tonne.
Revenue for the ports segment increased by 9 per cent to ₹1,202 crore (₹1,103 crore) driven by volume growth, increase in the ancillary services and rupee depreciation.
Logistics business generated revenue of ₹279 crore (₹163 crore) driven by growing contribution from rail logistics business.