JSW Infra Q2 results: Net profit jumps 46% to Rs 371 cr, beats estimates

Quick Summary:

Sequentially, the company's net profit increased by 27.04 per cent, though revenue declined marginally by 0.

The company’s current cargo handling capacity stands at 170 MTPA, which it aims to expand to 400 MTPA by FY30.

Regarding the acquisition, Arun Maheshwari, joint managing director and chief executive officer of JSW Infra, stated that the company is further exploring opportunities in the logistics sector across the country.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Q2 results JSW Infrastructure Infra sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 19:12:25 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23288061

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