JSW Infrastructure has released its results presentation for the second quarter and first half of FY2027. The document highlights operational and financial performance, showcasing growth in cargo handled, revenue, and operating EBITDA. It also details strategic updates, key project progress, and future growth strategies, providing a comprehensive overview of the company’s recent performance and outlook.
Q2 & H1 FY2027 Performance Overview
JSW Infrastructure has formally presented its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The presentation, dated October 27, 2026, provides a detailed look at the company’s operational achievements and financial standing for the period.
Key Operational Highlights
During Q2 FY27, the company handled a total cargo of 29.4 MT, with India operations recording an 8% YoY growth. For H1 FY27, total cargo handled reached 60.5 MT, and India operations saw a 10% YoY growth. Significant developments include the execution of a 30-year concession for the 13MTPA Kolkata Outer Container Terminal and the commencement of interim operations at the Kolkata Container Terminal. The rail rake fleet was scaled to 78, with plans to reach 110 rakes by Mar-27. An acquisition of NCR Rail Infrastructure Limited was also completed.
Financial Performance Summary
In Q2 FY27, Revenue from Operations stood at ₹1,481 Crore, a 17% YoY increase, with Operating EBITDA at ₹674 Crore (+11% YoY). Profit After Tax was ₹328 Crore. For H1 FY27, Revenue from Operations was ₹2,926 Crore (+18% YoY), and Operating EBITDA was ₹1,348 Crore (+13% YoY). Profit After Tax for H1 FY27 was ₹686 Crore. The company maintains a strong balance sheet with net cash of ₹1,693 Crore, including Cash & Bank at ₹8,985 Crore and Gross Debt at ₹7,292 Crore as of September 30, 2026.
Growth Strategy and Projects
The presentation outlines a 2030 Road Map for growth in the Port segment, targeting a ~2.4x increase in overall capacity to 400 mtpa by FY30. Key initiatives include leveraging privatization bids and inorganic growth opportunities. For the Logistics segment, the strategy focuses on Greenfield ICDs & MMLPs, Gati Shakti MMLPs, inorganic opportunities, partnerships, and investment in rail & container rakes, aiming for Revenue of ₹8,000 Crore and EBITDA of ₹2,000 Crore by FY30.
Key Project Updates
Several key projects are progressing, including the V.O. Chidambarana Port in Tuticorin, with construction of a 7mtpa berth for dry bulk cargo (estimated Capex ₹600 Crore) and expected completion by Q4 FY27. The Kolkata Container Terminal has a concession agreement signed in September 2025 for a capacity of 0.45 million TEUs (6.3mtpa) with an estimated Capex of ₹740 Crore, expected completion in Q3 FY28. Brownfield expansions include LPG at Jaigarh (capacity 2mtpa, estimated Capex ₹900 Crore) and expansions at Dharamtar & Jaigarh (capacity expansion to 36mtpa, estimated Capex ₹2,359 Crore). Greenfield projects like Jatadhar Port (Phase I Capacity 30mtpa, estimated Capex ₹3,050 Crore) and Keni Port (30mtpa, estimated Capex ₹4,119 Crore) are also detailed, with Jatadhar Port mechanization expected by March 2027 and Keni Port operations commencing in FY 2030. The 302KM Slurry Pipeline Project in Odisha is on track for completion by March 2027.
Sustainability Indicators
Sustainability key performance indicators show mixed trends for H1 FY27. Specific Energy Consumption was 7,383 KJ/tch, Specific Freshwater Consumption was 4.5 L/tch, Waste Recycled was 98.8%, and Renewable Energy generated was 11,201 MWh. GHG Emission Intensity was 0.87 Kg CO₂e/tch.
Source: BSE
