JSW Infrastructure posted a 8% fall in the net profit for the first quarter of FY25 at Rs 297 crore as compared to Rs 322 crore in the corresponding quarter of previous financial year. The company’s revenues from operations went up 15% at Rs 1,010 crore in Q1FY25 as against Rs 878 crore in Q1FY24.
Earnings before interest, taxes, depreciation, and amortisation (Ebitda) grew by 24% y-o-y at Rs 609 Crore with a margin of 55.1%, it said. During the quarter, the company handled cargo volumes of 27.8 million tonnes which is higher by 9% over the last year. The increase in the volume is primarily on the incremental volumes from the acquired assets and increased capacity utilisation at the Paradip Iron Ore and Coal Terminal in Odisha, it said.
The third-party volumes stood at 13.8 million tonnes, implying a growth of 48% y-o-y. As a result, the share of third-party in the overall volumes increased to 50% as compared to 37% a year ago.The higher volume translated to 20% growth in the total revenue which stood Rs 1,104 Crore.