JSW Infrastructure reported strong operational and financial performance for Q3 and 9M FY26. Total cargo handled reached 31.7 MT in Q3 and 90 MT in 9M. Revenue from operations increased by 14% YoY in Q3 and 20% YoY in 9M. The company is expanding capacity through greenfield and brownfield projects, targeting 400 mtpa. Logistics segment also shows growth with increased volumes and revenue.
FY26 Performance Highlights
JSW Infrastructure showcased robust operational and financial results for both Q3 and the first nine months of fiscal year 2026.
Key Operational Updates
- Cargo Handling: Total cargo handled reached 31.7 MT in Q3 FY26, an increase of 8% year-over-year. For the 9M period, total cargo handled amounted to 90 MT, reflecting a 5% YoY growth.
- Oman Expansion: An agreement was formalized with MDO to develop and operate a 27 MTPA port in Oman, with a project cost of US$419 million.
- Logistics Growth: The Navkar Corp logistics division experienced broad-based volume growth. Q3 domestic cargo was up 45% YoY, and EXIM increased by 19%.
- Rail Business Acquisition: The acquisition of a ₹1,212-crore rail rakes business marks a significant step in expanding the logistics capabilities.
Financial Performance
Q3 FY26
- Revenue: Revenue from Operations reached ₹1,350 Crore, up 14% YoY.
- Operating EBITDA: Operating EBITDA totaled ₹644 Crore, a 10% increase YoY.
- PAT: Profit After Tax stood at ₹365 Crore, up 9% YoY.
9M FY26
- Revenue: Revenue from Operations increased to ₹3,839 Crore, marking a 20% YoY increase.
- Operating EBITDA: Operating EBITDA grew to ₹1,835 Crore, a 13% YoY rise.
- PAT: Profit After Tax amounted to ₹1,123 Crore, up 12% YoY.
Strategic Initiatives and Outlook
- The company is focusing on expanding its capacity to 400 mtpa.
- Emphasis on greenfield ICDs and partnerships/associations to drive business growth.
- Targeting Revenue of ₹8,000 Crore and EBITDA of ₹2,000 Crore for the logistics segment by FY30.
Source: BSE
