Navkar Corporation Limited — Updates, 28-01-2025: Press Release

JSW Infrastructure has reported strong Q3 FY25 financial results, showing solid growth across key metrics. Revenue reached ₹1,265 crore, reflecting a 24% year-on-year increase, driven by enhanced capacity utilization and third-party volume growth, which surged by 31%. EBITDA also rose to ₹670 crore, representing a 20% increase, with margins standing robust at 52.9%. Net profit for the quarter stood at ₹336 crore, up 32% year-on-year.

In operational updates, total cargo handling capacity has improved to 174 million tonnes per annum (mtpa). Significant developments include increased capacities at both the Mangalore Coal Terminal and PNP port, as well as the commencement of interim operations at JNPA. The company has outlined an ambitious growth strategy, targeting a capacity boost to 400 mtpa by FY 2030, supported by a ₹30,000 crore capital expenditure plan. With a robust balance sheet and a recent acquisition of Navkar Corporation, JSW Infrastructure is well-positioned for strategic growth in the logistics sector, aiming for a top line of ₹8,000 crore and a 25% EBITDA margin.