JSW Infrastructure announced a strong performance for Q2 FY2026, with revenue increasing by 26% year-over-year to ₹1,372 Crore. EBITDA also saw significant growth, rising by 18% to ₹716 Crore. Cargo volumes reached 28.9 Million Tonnes, a 3% increase YoY. The company is expanding its logistics network and has secured an investment-grade rating, reinforcing its market leadership.
Q2 FY2026 Financial Highlights
JSW Infrastructure has reported impressive financial results for the second quarter of fiscal year 2026. Key highlights include:
The company maintains a strong balance sheet, positioned for further growth, with a Net Debt to Operating EBITDA (TTM) ratio of 0.75x and Cash/Cash equivalents of ₹3,088 Crore.
Operational Performance
The increase in cargo volume and the change in volume mix resulted in a 10% increase in operational revenue for the port segment, from ₹1,001 Crore in Q2 FY2025 to ₹1,103 Crore in Q2 FY2026.
Operational EBITDA for the port segment reached ₹585 Crore, up from ₹521 Crore, an increase of 12%. The margin improved to 53% from 52% year-over-year due to strong operational performance at private ports such as Jaigarh Port and Dharamtar Port, and at South West Port, Goa.
Strategic Updates and Expansion
JSW Infrastructure continues to expand its logistics network and strengthen its market position through strategic initiatives:
Investment Grade Rating
The Company received an investment-grade rating of BBB-/Stable from S&P Global Ratings and Fitch Ratings, highlighting its commitment to prudent financial management and sustainable growth.
Growth Strategy
JSW Infrastructure aims to increase its cargo handling capacity to 400 Million Tonnes Per Annum (MTPA) by FY2030, with a planned capital expenditure of ₹30,000 crores. The company has also earmarked ₹9,000 crores for expanding its logistics segment, building on the Navkar acquisition.
Source: BSE
