JSW Infra Q2 Results: Profit Slips Nearly 3% Even As Revenue Rises

JSW Infrastructure Ltd.'s net profit went down 2.8% year-on-year in quarter ended September 30.

The company reported a consolidated bottom-line of Rs 361.24 crore as against Rs 371.51 crore in the year-ago period.

However, JSW Infra's revenue rose 26.4% to Rs 1,266 crore, compared to Rs 1,001 crore in the same period last fiscal.

The earnings before tax, depreciation and amortisation advanced 17% to Rs 609.68 crore as against Rs 520.54 crore in the year-ago period, while Ebitda margin stood at 48.2% as compared to 52% in the second quarter of FY25.

• Revenue up 26.4% to Rs 1,265.59 crore versus Rs 1,001.36 crore

• Net Profit down 3% to Rs 361.24 crore versus Rs 371.51 crore

• Ebitda up 17% to Rs 609.68 crore versus Rs 520.54 crore

• Margin at 48.2% versus 52.0%

The quarterly earnings was shared after market hours on Thursday. The stock settled 11% lower at Rs 308.95 apiece on the NSE, compared to a 1.03% advance in the benchmark Nifty 50.

JSW Infra shares have fallen 2.85% year-to-date and 4.59% in the last 12 months.

Out of 17 analysts tracking the company, 13 maintain a 'buy' rating, one recommends 'hold', and three suggest 'sell', according to Bloomberg data. The average 12-month consensus price target of Rs 347.73 implies an upside of 12.6%.